equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old … German Laender in order to determine their importance to income dynamics. To uncover the role of the welfare state in … smoothening earnings shocks we compute different income concepts reaching from gross earnings to net equivalent household income …

We extend the canonical income process with persistent and transitory risk to shock distributions with left …-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household …

-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …

We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades …. Combining personal income tax and social security data allows us – for the first time – to offer a complete picture of the … German labor market and increasing labor supply. In the second part of the paper, we study the distribution of total income …

Union. In the first three chapters we address the micro level of individual life courses: education, employment and income …

Mobility of top incomes matters for both the openness of the income elite and the share of total income that this group … receives. It is thus an important complement information to the growing snapshot literature on top income concentration. I use … microlevel panel data of German income tax files that is highly representative for top income households. Top income mobility is …

This paper points to flaws in Gini decompositions by income sources and population subgroups and to common pitfalls in … this framework Gini elasticities may provide the only meaningful way to examine the relevance of income sources or … population subgroups for total income inequality. Moreover, we show that existing methods are unsuitable to decompose the trend …

A large literature has documented top income share series based on income tax statistics using the common methodology … established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major … simulating legislative definitions of capital income prevailing in Germany between 2001 and 2010. For both simulation and the …

economic resources by applying an extended income approach. Combining survey data from the Socio-Economic Panel (SOEP) with … administrative data from the German Federal Statistical Office, extended disposable income inequality is found to be significantly … lower than disposable cash income inequality at the five percent level across all years. However, the extension does not …