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Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we …
Persistent link: https://www.econbiz.de/10011441460
We analyze the top tail of the wealth distribution in Germany, France, Spain, and Greece based on the Household Finance … and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys we integrate the big … of household wealth in Germany jumps up from 24 percent in the HFCS alone to 33 percent after top wealth imputation. For …
Persistent link: https://www.econbiz.de/10011317780
wealth by aggregating visible goods and assets using principal component weights. We find that relative deprivation in … visible wealth has a ten percentage point higher explanatory power for reporting a high level of perceived deprivation than …
Persistent link: https://www.econbiz.de/10010363484
The Household Finance and Consumption Survey (HFCS) provides information about household wealth (real and financial …
Persistent link: https://www.econbiz.de/10010438032
We analyze the top tail of the wealth distribution in Germany, France, and Spain based on the first and second wave of … the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household … countries. As a result, the top percentile share of household wealth in Germany jumps up from 24 percent to 31 percent in the …
Persistent link: https://www.econbiz.de/10011780808
rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both …
Persistent link: https://www.econbiz.de/10014468907
non-monetary aspects evolves over changing wealth levels. Wages do not perfectly compensate individuals for differential … utility of jobs in a labour market with informational frictions. Changes in wealth may then affect preferences for different … increase with wealth shocks. Duration models are estimated based on the reduced form of a search model. Wealth may play an …
Persistent link: https://www.econbiz.de/10010233993
The definition and operationalization of wealth information in population surveys and the corresponding microdata …-data-collection stage may interfere considerably with the substantive research question. Looking at wealth data from the German SOEP, this … analysis affects wealth distribution and inequality analysis. Obviously, when measured in per capita householdʺ terms, wealth …
Persistent link: https://www.econbiz.de/10003426363
Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of … distribution of income and wealth within the household context. Based on unique individual-level wealth data from the German Socio … evidence for a significant gender wealth gap of about 30,000 euros in Germany, which amounts to almost 50,000 euros for married …
Persistent link: https://www.econbiz.de/10003746589
This paper examines the dynamics of wealth and income inequality along the business cycle and assesses how they are … are ex-ante heterogeneous with respect to wealth and ability. We show how to derive standard inequality measures within … and the personal income and wealth distribution over the business cycle. We find that whether wealth and income inequality …
Persistent link: https://www.econbiz.de/10012170668