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wealth accumulation in the lower half of the distribution in various ways, such as in the form of individual savings accounts … little has been known about them. As a result, the full extent of wealth concentration in Germany was unknown. To close the … previously it was thought to only be 59 percent. The richest percent of the population has around 35 percent of the wealth, not …
Persistent link: https://www.econbiz.de/10012262359
foundations of the asserted effect and then propose a new empirical test based on the relationship between wealth, life …
Persistent link: https://www.econbiz.de/10011434254
While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German socio … partnership) that might explain this wealth gap. We find that all factors contribute to the explanation of the wealth gap within …
Persistent link: https://www.econbiz.de/10011538848
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
Persistent link: https://www.econbiz.de/10011475220
We investigate the explanatory factors that have contributed to changing wealth levels and the gender wealth gap in … composition, and marital status on wealth accumulation. Using individual level micro data from the German Socio-Economic Panel … results show that real mean wealth levels for the working age population have been decreasing for both women and men since …
Persistent link: https://www.econbiz.de/10012129955
Persistent link: https://www.econbiz.de/10012135085
The objective of the study is to investigate the changing role of explanatory factors of wealth and the gender wealth …, portfolio composition, and marital status in this process. Results show that real mean wealth levels for the working age … population have been decreasing for both women and men since 2002 and that the wealth gap has decreased by 13.5% to 30.700â …
Persistent link: https://www.econbiz.de/10012022717
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
The Household Finance and Consumption Survey (HFCS) provides information about house-hold wealth (real and financial … framework for our analysis is the "Guidelines for Micro Statistics on Household Wealth" from the OECD (2013). We have two main … via weighting and imputation as well as further points which might restrict cross-country comparability of net wealth. We …
Persistent link: https://www.econbiz.de/10011887651