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on income and wealth to other administrative data with information on financial and real estate transactions. Using this … alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this …
Persistent link: https://www.econbiz.de/10012172449
distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also …This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that … on wealth distribution for a number of countries. This confirms the well known fact that wealth is more unequally …
Persistent link: https://www.econbiz.de/10014024198
Whether higher lifetime income households do save a larger share of their income is one of the longstanding empirical … both individual survey data on wealth holdings and administrative data on earnings histories from the UK to examine this … question. We find evidence of a positive relationship between saving rates (and wealth accumulation) and levels of permanent …
Persistent link: https://www.econbiz.de/10010222359
The definition and operationalization of wealth information in population surveys and the corresponding microdata …-data-collection stage may interfere considerably with the substantive research question. Looking at wealth data from the German SOEP, this … analysis affects wealth distribution and inequality analysis. Obviously, when measured in ?per capita household? terms, wealth …
Persistent link: https://www.econbiz.de/10010324233
We analyze the top tail of the wealth distribution in Germany, France, Spain, and Greece based on the Household Finance … and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys we integrate the big … of household wealth in Germany jumps up from 24 percent in the HFCS alone to 33 percent after top wealth imputation. For …
Persistent link: https://www.econbiz.de/10011317780
It is a well-known criticism that due to its exponential distribution, survey data on wealth is hardly reliable when it … the number of households possessing a net wealth greater than four million Euros as well as their aggregate wealth … suggest that the alleged non-observation bias is considerable, accounting for about one quarter of total net wealth. The …
Persistent link: https://www.econbiz.de/10010233897
in the shape of the distribution of net worth, despite many shifts in income and other economic factors. In 2009 … of wealth distribution very similar in shape to what had been seen in the earlier cross sections. Between the two years …, however, there was considerable variation in the relative positions of households within the wealth distribution. This paper …
Persistent link: https://www.econbiz.de/10013118410
the changes in income, asset holdings, and wealth of Spanish households between the end of 2002 and 2005 …The EFF collects detailed information on household assets, debts, income, consumption, and demographic variables. One … important characteristic of this survey is that it oversamples high-wealth households. Another important characteristic of the …
Persistent link: https://www.econbiz.de/10012722561
In this report, we present improved wealth measures for the Health and Retirement Study (HRS), which aim to reduce the … effect of observation error on wealth levels and changes in wealth. The new wealth measures take account of the asset … data reduce the standard deviations of wave-to-wave changes by substantial amounts (up to 57 percent for total wealth). The …
Persistent link: https://www.econbiz.de/10012989581
We analyze the top tail of the wealth distribution in Germany, France, and Spain based on the first and second wave of … the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household … countries. As a result, the top percentile share of household wealth in Germany jumps up from 24 percent to 31 percent in the …
Persistent link: https://www.econbiz.de/10012928875