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The pattern of home ownership across cohorts and its impact on the net wealth distribution : empirical evidence from Germany and the US

Alik-Lagrange, Arthur; Schmidt, Tobias - 2015

over cohorts on the distribution of net wealth we impose the homeownership pattern of the US on Germany and ask: What would … the net wealth distribution in Germany look like if German households were distributed across tenure status along cohorts … to the wealth distribution. Imposing the structure of the US on Germany leads to a large increase in the German median …

Persistent link: https://www.econbiz.de/10011285421

The influence of an up-front experiment on respondents’ recording behaviour in payment diaries : evidence from Germany

Sieber, Susann; Schmidt, Tobias - 2015

In this paper, we analyse the recording behaviour of German consumers in a one week diary on their point-of-sales expenditures. We are particularly interested in the effect of a behavioural experiment, eliciting respondents’ risk preferences, on their recording behaviour. In the experiment,...

Persistent link: https://www.econbiz.de/10011404296

Wealth and subjective well-being in Germany

Jantsch, Antje; Le Blanc, Julia; Schmidt, Tobias - 2022

Wealth in addition to income determines to a large degree an individual’s consumption opportunities and economic situation, which should in turn affect their subjective well-being. We analyse empirically the relationship between life satisfaction as an indicator of subjective well being and...

Persistent link: https://www.econbiz.de/10013171766

Precautionary motives in short-term cash management : evidence from German POS transactions

Eschelbach, Martina; Schmidt, Tobias - 2013

This paper empirically investigates whether individuals withhold a certain amount of cash for precautionary reasons at the point-of-sale (POS) in order to be able to cover future transactions that might have to be paid for in cash. Such behaviour is costly for consumers because it imposes...

Persistent link: https://www.econbiz.de/10010192759

The standard portfolio choice problem in Germany

Breunig, Christoph; Huck, Steffen; Schmidt, Tobias; … - 2019

We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied to the German stock market. Experimental investments correlate with beliefs about stock market returns and exhibit desirable external...

Persistent link: https://www.econbiz.de/10012064672

Household bargaining, pension contributions and retirement expectations : evidence from the German Panel on Household Finances

Fernandes, Inês; Schmidt, Tobias - 2021

In this paper, we study the relationship between intrahousehold bargaining styles, bar-gaining power and individual pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household Finances (PHF) survey. The paper builds on a theoretical...

Persistent link: https://www.econbiz.de/10012697947

The PHF: a comprehensive panel survey on household finances and wealth in Germany

Kalckreuth, Ulf von; Eisele, Martin; Le Blanc, Julia; … - 2012

The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by … households in Germany. Wealthy households are oversampled using micro-geographic indicators. The survey is designed to be a full … self-contained and comprehensive survey on household finances in Germany, the PHF is part of the Household Finance and …

Persistent link: https://www.econbiz.de/10009563509

The standard portfolio choice problem in Germany

Huck, Steffen; Schmidt, Tobias; Weizsäcker, Georg - 2014

We study an investment experiment conducted with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied to the German stock market. Experimental investments correlate with beliefs about stock market returns and exhibit desirable...

Persistent link: https://www.econbiz.de/10010413601

The role of central bank knowledge and trust for the public's inflation expectations

Mellina, Sathya; Schmidt, Tobias - 2018

conducted among individuals living in Germany. Although most respondents assume that they have a good or very good knowledge of …

Persistent link: https://www.econbiz.de/10011897980