Arbeitspapier
The joint distribution of net worth and pension wealth in Germany
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 material security and well-being for an overwhelming part of the population and, thus, should be accounted for in peoples' wealth portfolios. Using novel data from the Socio Economic Panel (SOEP), we show the incidence, relevance, and distribution of individual pension wealth, net worth, and augmented wealth (the sum of the two) in Germany. Further, we investigate age-wealth-profiles and differences between East and West Germany.
- Language
-
Englisch
- Bibliographic citation
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Series: SOEPpapers on Multidisciplinary Panel Data Research ; No. 853
- Classification
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Wirtschaft
Personal Income, Wealth, and Their Distributions
Social Security and Public Pensions
Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
- Subject
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net worth
pension wealth
augmented wealth
SOEP
age wealth profiles
- Event
-
Geistige Schöpfung
- (who)
-
Bönke, Timm
Grabka, Markus M.
Schröder, Carsten
Wolff, Edward N.
Zyska, Lennard
- Event
-
Veröffentlichung
- (who)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
-
Berlin
- (when)
-
2016
- Handle
- Last update
- 10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bönke, Timm
- Grabka, Markus M.
- Schröder, Carsten
- Wolff, Edward N.
- Zyska, Lennard
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2016