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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
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
The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by …
Persistent link: https://www.econbiz.de/10012988823
the top end of the wealth distribution in Germany. The SOEP-P population has about 21 times higher net wealth on average …
Persistent link: https://www.econbiz.de/10012390086
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
The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by …. -- Survey data ; household panel ; family economics ; household finance ; wealth distribution ; portfolio choice …
Persistent link: https://www.econbiz.de/10009563509
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 …
Persistent link: https://www.econbiz.de/10011285421
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …
Persistent link: https://www.econbiz.de/10010459794
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 …
Persistent link: https://www.econbiz.de/10011455568
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 …
Persistent link: https://www.econbiz.de/10013171766