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In this empirical paper we analyze the link between homeownership across cohorts and the net wealth distribution. In … particular we are interested in the effect of the pattern of ownership across cohorts. Given that wealth accumulates over the … cohorts, should be related to current wealth levels and inequality. In order to gauge the effect of the ownership structure …
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This paper examines the effect of wealth on labour market behaviour. Providing convincing evidence on this relationship … is challenging since wealth and labour supply may be endogenously determined. We overcome this by looking at wealth … theoretical framework which outlines how an individual's labour market behaviour may be expected to react to a wealth shock under …
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Wealth in addition to income determines to a large degree an individual’s consumption opportunities and economic … satisfaction as an indicator of subjective well being and households’ wealth. We contribute to the scarce literature on wealth and … well-being using micro-data from the German wealth survey, Panel on Household Finances - PHF, for 2010 and 2014. Using …
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This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …
Persistent link: https://www.econbiz.de/10010209969
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