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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
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/10010195489
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are still below the western German levels. This particularly holds for private net wealth, which reaches only about 40% of … study is designed to develop regional wealth indicators for the 16 federal states and for the 96 regional planning regions … skewness of the wealth distribution using a transformation, b) unit and item non-response, especially the multiple imputation …
Persistent link: https://www.econbiz.de/10012101276
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
Wealth is far from being a homogeneous and monolithic concept. Wealth can be positive or negative (e.g. assets versus … debts), more or less accessible (e.g. bank accounts versus housing wealth), and more or less time-constrained (e.g. cars … versus bonds and mutual funds). These different forms of wealth are likely to influence in different ways the extent to which …
Persistent link: https://www.econbiz.de/10012135068
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; furthermore, it allows not only the estimation of the mean of the wealth gap but also its distribution for the common …This paper uses a matching method to provide an estimate of the nativity wealth gap among older households in Europe …. This approach does not require imposing any functional form on wealth and avoids validity-out-of-the-support assumptions …
Persistent link: https://www.econbiz.de/10012161659