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Estimates of UK income inequality trends differ substantially according to whether estimates are based on household … marked increase in income inequality in the early 2000s that survey-based estimates do not reveal, and our conclusions are … robust to changes in the definitions of income, income-sharing unit, and summary inequality measure. In addition, our …
Persistent link: https://www.econbiz.de/10011452217
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
. Most families experienced a decline in wealth between 2007 and 2009, but many families saw only small changes on net, and … others saw substantial increases in their wealth. This pattern of gains and losses typically holds within demographic groups …. Changes in families' wealth over the period appear to reflect changes in asset values (particularly the value of homes, stocks …
Persistent link: https://www.econbiz.de/10013118478
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
income and wealth. We are the first to evaluate this policy-similar to "non-dom" taxation that exists in other countries like … magazine to gain new insights on the structure and dynamics of top wealth in Switzerland. Using this data allows us study the … literature. First, we present a number of new facts on the wealth elite in Switzerland. We show that about 60% of the super …
Persistent link: https://www.econbiz.de/10013255620
Underreporting and undersampling biases in top tail wealth, although widely acknowledged, have not been statistically …-like regimes in top tail wealth to derive analytical expressions for these biases, and employ German microdata from a popular … survey and rich list to illustrate that tiny differences in non-response rates lead to tail wealth estimates that differ by …
Persistent link: https://www.econbiz.de/10012406231
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/10011628621
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/10011982142