Bönke, Timm; Grabka, Markus M.; Schröder, Carsten; … - 2017
We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between … Germany, augmented wealth (US$651,000) is only 1.4 times higher. Further, the inclusion of pension wealth in household wealth …