Accounting for Pension Wealth, the Missing Rich and Under-Coverage : A Comprehensive Wealth Distribution for Germany

This study constructs a comprehensive wealth distribution for Germany to inform debate in Germany and internationally on the distribution of wealth including pension entitlements. We estimate the net present value of pension wealth in Germany in 2012 and 2017 using Socio-Economic Panel (SOEP) data. When including pension wealth, German households’ wealth-income ratio increases from 570% to 850% in 2017; the wealth share of the bottom 50% increases from 2% to 9%; and the wealth share of the top 1% declines from 30% to 20%

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Year of publication:	[2023]
Authors:	Bartels, Charlotte ; Bönke, Timm ; Glaubitz, Rick ; Grabka, Markus M. ; Schröder, Carsten
Publisher:	[S.l.] : SSRN
Subject:	Vermögensverteilung \| Wealth distribution \| Vermögen \| Wealth \| Deutschland \| Germany \| Altersvorsorge \| Retirement provision \| Einkommensverteilung \| Income distribution

Extent:	1 Online-Ressource (18 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 15, 2023 erstellt
Other identifiers:	10.2139/ssrn.4419617 [DOI]
Classification:	D31 - Personal Income, Wealth and Their Distributions ; H55 - Social Security and Public Pensions ; J32 - Nonwage Labor Costs and Benefits; Private Pensions
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014350938