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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 … million euros. These individuals do not only differ from the rest of the population in terms of wealth: They are also more …
Persistent link: https://www.econbiz.de/10012262359
The aim of this paper is to examine the concentration of wealth among the group of top wealth holders, defined as those … with wealth in excess of a high cut off. The paper begins by considering the definition of this cut off, analogous to the …, wealth tax data, and investment income tax data. It starts off from the world’s billionaires in 2006, but is particularly …
Persistent link: https://www.econbiz.de/10010284753
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/10010286273
What was the impact of urban political structure on economic inequality in preindustrial times? I document that more … closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To …,000 observations on personal wealth and political office-holding in the city state of Nördlingen from 1579 to 1700. I employ a …
Persistent link: https://www.econbiz.de/10013170896
This paper studies the impact of the Protestant Reformation on wealth distribution and inequality in confessionally … insiders only. This gave Protestantism an ambiguous character in terms of redistribution and its impact on inequality. I … framework, I document that the Reformation exacerbated inequality overall, by making marginal poor people relatively poorer. The …
Persistent link: https://www.econbiz.de/10014429255
Persistent link: https://www.econbiz.de/10011742787
wealth. The regression discontinuity approach exploits two expansions of the child care pension benefit, in 1992 and in 1999 … increase in their pension wealth. From a political point of view, this suggests that the increase in individual pension wealth …
Persistent link: https://www.econbiz.de/10011441486
wealth. The regression discontinuity approach exploits two expansions of the child care pension benefit, in 1992 and in 1999 … increase in their pension wealth. From a political point of view, this suggests that the increase in individual pension wealth …
Persistent link: https://www.econbiz.de/10012996685
remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …
Persistent link: https://www.econbiz.de/10011348393
In many countries, migrants hold less wealth than natives. This paper assesses how migrants and natives accumulate … wealth over time by studying changes in net worth, referred to as savings, thereby contributing to the understanding of the … migrant-native wealth gap. Relying on longitudinal data from the German Socio-Economic Panel (SOEP), the paper finds that …
Persistent link: https://www.econbiz.de/10012894963