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) that tracks the same individuals over time to assess how individuals from different income and wealth groups respond to … life and financial shocks with respect to volunteering. Although both income and wealth can act as buffers against life …-we observe more heterogeneity than expected and also stickiness at the lowest income levels. Response delays in post …
Persistent link: https://www.econbiz.de/10010459882
marital choices may be undergoing change. We expand the traditional dimension of assortative mating through labor income only …, covering both labor income and inheritance. This paper studies the concentration and substitutability of these two traits in … outcomes seen in France. By assuming a sequential revelation of inheritance and labor income in marital sorting, we develop a …
Persistent link: https://www.econbiz.de/10011874278
Persistent link: https://www.econbiz.de/10012694624
five different sets of factors (demographics, income, labor market, inheritances, financial decision-making in the … partnerships, with inheritances and income being particularly relevant. Furthermore, we find that specific characteristics (e ….g., self-employment, no migration background, inheritances, high income) that decrease the wealth gap for women increase it for …
Persistent link: https://www.econbiz.de/10011538848
Research on wealth inequality usually focuses on real and financial assets, while pension wealth – the present value of future pension entitlements from public and company pension schemes – receives little attention. This is astonishing, given that pension plans play an important role for...
Persistent link: https://www.econbiz.de/10011509132
The topic of rising income inequality does not only gain in relevance since the two prominent reports by the OECD … (Growing unequal? Income Distribution and Poverty in OECD Countries, Paris 2008; Divided we stand-Why inequality keeps rising … literature dealing with the US-about the consequences of the financial crisis on income inequality in Europe (e.g. Jenkins et al …
Persistent link: https://www.econbiz.de/10011526837
Germany over the period 2002-2012. In particular, we analyze the role of changes in labor supply, permanent income, portfolio … analyses, a diminishing role of permanent income is observed, due both to a reduction in the gender difference in permanent … income and in gender differences in its returns. Overall, the evidence points to more equal wealth accumulation both in terms …
Persistent link: https://www.econbiz.de/10012129955
authors apply distributional decomposition methods and focus on the role of changes in labor supply, permanent income … role of permanent income is decreasing due to a reduction in the gender difference in permanent income and in gender …
Persistent link: https://www.econbiz.de/10012022717
We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of household wealth: about 48% in the United States and...
Persistent link: https://www.econbiz.de/10011622210
The definition and operationalization of wealth information in population surveys and the corresponding microdata requires a wide range of more or less normative assumptions. However, the decisions made in both the pre- and post-data-collection stage may interfere considerably with the...
Persistent link: https://www.econbiz.de/10011628621