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key channel is the wealth effect on consumption. Fluctuations in stock prices and housing prices influence the households … wealth and could have important impacts on households consumption. In addition, stock prices may affect corporate sector … investments and property prices may affect building activity. Here, the method of cointegration is used to estimate the wealth …
Persistent link: https://www.econbiz.de/10003985114
Persistent link: https://www.econbiz.de/10003789486
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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/10009707605
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
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
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 30.700€. The …
Persistent link: https://www.econbiz.de/10012053188
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
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
Whether couples pool their resources and behave like a unit or spend their income individually is crucial for social and tax policy. In this paper, I provide a test of the income pooling hypothesis using administrative cross-sectional survey data on expenditures and individual incomes of couple...
Persistent link: https://www.econbiz.de/10012231157