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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
their wealth ownership. Using data from the Household Finance and Consumption Survey (HFCS), we document a positive average … migrant wealth gap between migrant and native households. However, the raw gap is almost negligible for second generation … migrant households, whereas it rises across the unconditional net wealth distribution for first generation migrant households …
Persistent link: https://www.econbiz.de/10012598465
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
Persistent link: https://www.econbiz.de/10011742787
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
We use detailed micro information at household level from the Wealth and Assets Survey to construct measures of wealth … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …
Persistent link: https://www.econbiz.de/10012120339
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
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
Persistent link: https://www.econbiz.de/10010211159
We provide a systematic analysis of the properties of individual returns to wealth using twelve years ofpopulation data … standard deviation of 8%). Second,heterogeneity in returns does not arise merely from differences in the allocation of wealth … with wealth: moving from the 10th to the 90th percentile of the financial wealth distributionincreases the return by 3 …
Persistent link: https://www.econbiz.de/10012912494
We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are … positively correlated with wealth: moving from the 10th to the 90th percentile of the financial wealth distribution increases the …
Persistent link: https://www.econbiz.de/10012913195