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the top. Wealth remains remarkably absent from the analysis of poverty and the redistributive effectiveness of welfare …There is a burgeoning literature on the significance and distribution of wealth in the rich world. It mainly focuses on … of financial need among the elderly – a segment of society that is at a relatively high risk of income poverty – also …
Persistent link: https://www.econbiz.de/10012945240
and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …
Persistent link: https://www.econbiz.de/10013061938
demonstrate the application of these new measures to analyze the development of poverty and richness over time in Germany, to … compare Germany to many other European countries and to investigate the impact of tax reforms on poverty and richness. Using …
Persistent link: https://www.econbiz.de/10013324879
We study the causal relation between private wealth and retirement age. We propose two estimation strategies based on … heterogeneity in the disutility of work by using panel data techniques. Next, we exploit information on expected wealth accumulation … in order to identify the unexpected component in wealth accumulation. In line with the literature we find a small but …
Persistent link: https://www.econbiz.de/10013135647
a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well … the country ranking depending on the measure. While in Germany wealth predominantly contributes to the intensity of …
Persistent link: https://www.econbiz.de/10013120839
Unique residential history data with retrospective information on parental assets are used to study household wealth … transition matrices show substantial persistence in wealth even when we correct for measurement errors in parental wealth. We do … not find wealth mobility to be higher between periods of a person's life than between generations. We find that the …
Persistent link: https://www.econbiz.de/10013121328
the relationship with wealth at death, on the form of the bequest, and on the different causes to which people bequeath …
Persistent link: https://www.econbiz.de/10013097210
for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …
Persistent link: https://www.econbiz.de/10013098821
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …
Persistent link: https://www.econbiz.de/10013105997
particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … the relationship between income/wealth and life satisfaction, another variable captured in TILDA. We find that income and …
Persistent link: https://www.econbiz.de/10013081818