Arbeitspapier
Improving the coverage of the top-wealth population in the Socio-Economic Panel (SOEP)
We have developed and implemented a new sampling strategy to better represent very wealthy individuals in the German Socio-Economic Panel (SOEP). Our strategy is based on the empirical regularity that the very wealthy have at least part of their assets invested in businesses, and that businesses document shares of relevant shareholders in their books. Our results show that combined analysis of the SOEP and the new sample (SOEP-P) provides meaningful insights into individuals at the top end of the wealth distribution in Germany. The SOEP-P population has about 21 times higher net wealth on average than the regular SOEP population. Comparing millionaires (net worth 1M Euros) to the rest of the population, a number of noticeable differences emerge. Millionaires differ from the non-rich population with regard to portfolio allocation, demographics, careers, personality, satisfaction with life, and satisfaction with other important life domains.
- Sprache
-
Englisch
- Erschienen in
-
Series: SOEPpapers on Multidisciplinary Panel Data Research ; No. 1114
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Household Saving; Personal Finance
Survey Methods; Sampling Methods
- Thema
-
wealth distribution
oversampling
top wealth
wealth portfolios
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Schröder, Carsten
Bartels, Charlotte
Göbler, Konstantin
Grabka, Markus M.
König, Johannes
Siegers, Rainer
Zinn, Sabine
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (wo)
-
Berlin
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Schröder, Carsten
- Bartels, Charlotte
- Göbler, Konstantin
- Grabka, Markus M.
- König, Johannes
- Siegers, Rainer
- Zinn, Sabine
- Deutsches Institut für Wirtschaftsforschung (DIW)
Entstanden
- 2020
Ähnliche Objekte (12)
Millionaires under the microscope: Data gap on top wealth holders closed; wealth concentration higher than presumed
The low-wage sector in Germany is larger than previously assumed
Inequality-minimization with a given public budget
Routes to the top
Risk preference and entrepreneurial investment at the top of the wealth distribution
Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution
MillionärInnen unter dem Mikroskop: Datenlücke bei sehr hohen Vermögen geschlossen - Konzentration höher als bisher ausgewiesen
Born in the land of milk and honey: The impact of economic growth on individual wealth accumulation
A Novel Sampling Strategy for Surveying High Net‐Worth Individuals – A Pretest Application Using the Socio‐Economic Panel
Inequality in Germany: Decrease in gap for gross hourly wages since 2014, but monthly and annual wages remain on plateau
Der Niedriglohnsektor in Deutschland ist größer als bislang angenommen
Ungleichheit in Deutschland geht bei Stundenlöhnen seit 2014 zurück, stagniert aber bei Monats- und Jahreslöhnen
Millionaires under the microscope: Data gap on top wealth holders closed; wealth concentration higher than presumed
The low-wage sector in Germany is larger than previously assumed
Inequality-minimization with a given public budget
Routes to the top
Risk preference and entrepreneurial investment at the top of the wealth distribution
Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution
MillionärInnen unter dem Mikroskop: Datenlücke bei sehr hohen Vermögen geschlossen - Konzentration höher als bisher ausgewiesen
Born in the land of milk and honey: The impact of economic growth on individual wealth accumulation
A Novel Sampling Strategy for Surveying High Net‐Worth Individuals – A Pretest Application Using the Socio‐Economic Panel
Inequality in Germany: Decrease in gap for gross hourly wages since 2014, but monthly and annual wages remain on plateau
Der Niedriglohnsektor in Deutschland ist größer als bislang angenommen
Ungleichheit in Deutschland geht bei Stundenlöhnen seit 2014 zurück, stagniert aber bei Monats- und Jahreslöhnen
Millionaires under the microscope: Data gap on top wealth holders closed; wealth concentration higher than presumed
The low-wage sector in Germany is larger than previously assumed
Inequality-minimization with a given public budget
Routes to the top
Risk preference and entrepreneurial investment at the top of the wealth distribution
Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution
MillionärInnen unter dem Mikroskop: Datenlücke bei sehr hohen Vermögen geschlossen - Konzentration höher als bisher ausgewiesen
Born in the land of milk and honey: The impact of economic growth on individual wealth accumulation
A Novel Sampling Strategy for Surveying High Net‐Worth Individuals – A Pretest Application Using the Socio‐Economic Panel
Inequality in Germany: Decrease in gap for gross hourly wages since 2014, but monthly and annual wages remain on plateau
Der Niedriglohnsektor in Deutschland ist größer als bislang angenommen