Showing 1 - 10 of 57
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … and for a detailed decomposition of net wealth inequality into a variety of circumstances; among them childhood background … that about 62% of the inequality in net wealth is due to circumstances. The most important circumstances are …
Persistent link: https://www.econbiz.de/10014375149
novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a … share of their wealth in their own businesses when they are more willing to take risks. These associations are stronger …
Persistent link: https://www.econbiz.de/10012430244
Research on wealth inequality usually focuses on real and financial assets, while pension wealth – the present value of … and, thus, should be accounted for in peoples’ wealth portfolios. Using novel data from the Socio Economic Panel (SOEP …), we show the incidence, relevance, and distribution of individual pension wealth, net worth, and augmented wealth (the sum …
Persistent link: https://www.econbiz.de/10011509132
poverty, also at risk of wealth poverty is measured. Moreover, households that are both at risk of income and wealth poor are … wealth poverty; protected-poor, households that are at risk of income poverty but not at risk of wealth poverty; vulnerable …-poor, households which are at risk of wealth poverty but not at risk of income poverty; non-poor, households which are either at risk …
Persistent link: https://www.econbiz.de/10011530284
spouse in marriage prevents gender inequality in these wealth losses. Lacking such legal protection, cohabitation is …Objective: To document gender differences in how economic wealth changes following the dissolution of marriage and … cohabitation in Germany. Background: Wealth can be an important resource to deal with the adverse economic consequences of union …
Persistent link: https://www.econbiz.de/10012107220
We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth … and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between …
Persistent link: https://www.econbiz.de/10011622210
analysis affects wealth distribution and inequality analysis. Obviously, when measured in "per capita household" terms, wealth … wealth holders (increasing on average by 15%) and also on aggregate wealth (plus 30%). However, with respect to inequality …The definition and operationalization of wealth information in population surveys and the corresponding microdata …
Persistent link: https://www.econbiz.de/10011628621
) capital, including wealth as an important but often neglected form of economic capital. Using household panel data from 2002 … perspectives on wealth and accumulation. …
Persistent link: https://www.econbiz.de/10011747258
, this paper analyzes the effects of participation in Riester plans on wealth at different points of the distribution. We … substantial heterogeneity in the effect of Riester participation on wealth. While Riester participation increases total net wealth …
Persistent link: https://www.econbiz.de/10011791713
value of one’s own home (home equity) is the largest financial reserve in a household’s wealth portfolio, it is important to …
Persistent link: https://www.econbiz.de/10011442308