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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
the top end of the wealth distribution in Germany. The SOEP-P population has about 21 times higher net wealth on average …
Persistent link: https://www.econbiz.de/10012390086
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
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account … datasets where information on wealth as well as on pension entitlements is collected at the individual level. Pension wealth … data is available for 2012 only. Individual level wealth data allows to analyze the gender wealth gap between women and men …
Persistent link: https://www.econbiz.de/10012587610
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
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
Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and …
Persistent link: https://www.econbiz.de/10012802595
In most industrialized countries, the work and family patterns of the baby boomers characterized by more heterogeneous working careers and less stable family lives set them apart from preceding cohorts. Thus, it is of crucial importance to understand how these different work and family lives are...
Persistent link: https://www.econbiz.de/10009541947
considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in … driven by health and to a lesser extent by wealth. …
Persistent link: https://www.econbiz.de/10008825579
This paper examines the evolution of top incomes in Germany from 1907-2007 with a special focus on past decades. A more detailed analysis of German top incomes is conducted, beginning with a review of selected income distribution measures which indicate that high incomes have played a...
Persistent link: https://www.econbiz.de/10009557697