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The Household Finance and Consumption Survey (HFCS) provides information about house-hold wealth (real and financial … framework for our analysis is the “Guidelines for Micro Statistics on Household Wealth” from the OECD (2013). We have two main … via weighting and imputation as well as further points which might restrict cross-country comparability of net wealth. We …
Persistent link: https://www.econbiz.de/10011880067
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
Persistent link: https://www.econbiz.de/10012307901
Wealth is very unequally distributed in Germany. To effect a long-term reduction, the new Federal Government could …. However, a universal capital endowment could decrease wealth inequality much more rapidly and successfully. In this report, a … recurrent wealth tax on the ultra wealthy, and taxing real estate properties more effectively. A universal capital endowment …
Persistent link: https://www.econbiz.de/10012805707
Inheritance and gift taxation vary widely among countries in both the design and tax burden. We analyze the impact of a series of factors, such as the country's affluence, political preferences, preferences for equity, aging ratio, fiscal standing of the state, and the country's size, on...
Persistent link: https://www.econbiz.de/10014444703
The distribution of income and wealth in Germany is assessed quite differently. Depending on the indicators, the sample … more unequally among younger income earners than among older ones. The importance of wealth should not be underestimated in …
Persistent link: https://www.econbiz.de/10012225957
The paper analyzes the relationship between income shares, wealth and growth in an environment where positional goods … between profit share and property share and implies a clear-cut distinction between capital and wealth. The interactions …
Persistent link: https://www.econbiz.de/10011865744
and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … of a decrease in expenditure on consumer durables by low-income households. Wealth inequality exceeds income inequality … and increased during the downturn as a result of financial assets outperforming real assets. Nevertheless, Spain’s wealth …
Persistent link: https://www.econbiz.de/10011967426
Using the 2006 and 2010 Health and Retirement Study, we explore how the recent recession impacted the wealth holding … household asset ownership, asset wealth and household retirement behavior varied with the nativity of the household and its … standing in the wealth distribution prior to the onset of the recession. We find that the so-called Great Recession made a …
Persistent link: https://www.econbiz.de/10011288760
Persistent link: https://www.econbiz.de/10014253298