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Persistent link: https://www.econbiz.de/10012793053
, this paper analyzes the effects of participation in Riester plans on wealth at different points of the distribution. We … heterogeneity in the effect of Riester participation on wealth. While Riester participation increases total net wealth in the lower …
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This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …
Persistent link: https://www.econbiz.de/10012202943
, this paper analyzes the effects of participation in Riester plans on wealth at different points of the distribution. We … analysis is based on microeconomic survey data from the German Socio-Economic Panel of waves 2002 and 2012. Results suggest … substantial heterogeneity in the effect of Riester participation on wealth. While Riester participation increases total net wealth …
Persistent link: https://www.econbiz.de/10011791713
In the USA, the share of household wealth held by the richest 1% increased from 23.5% in 1980 to 41.8% in 2012. This … the economy. This shock can simultaneously match the increase in wealth concentration and the decrease of the saving rate …
Persistent link: https://www.econbiz.de/10012318998
English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority … of households hold more wealth than our model suggests is optimal and that this would still be true even if housing …
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