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Inequality of disposable incomes in Germany has decreased slightly since its peak in 2005. However, this trend did not continue in 2011. The most important reasons for this were the inequality in market incomes, including capital incomes, which had increased again. Besides this finding, the...
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According to current analyses based on the Socio-Economic Panel Study (SOEP), the total net assets of German households in 2012 amounted to 6.3 trillion euros. Almost 28 percent of the adult population had no or even negative net wealth. On average, individual net assets in 2012 totaled over...
Persistent link: https://www.econbiz.de/10010369534
People's expectations after the fall of the Berlin Wall 25 years ago and of reunification in 1990 were huge. The government promised to create "flourishing landscapes" within a few years. The euphoria of reunification came not only through the desire to finally become one country and one nation...
Persistent link: https://www.econbiz.de/10010443253
Very nearly 25 years after the fall of the Berlin Wall, households in eastern Germany have an average net worth of 67,400 euros which is less than half that of their counterparts in western Germany with an average net worth of 153,200 euros. In both parts of the country, real estate ownership is...
Persistent link: https://www.econbiz.de/10010443258
The analyses of wealth inequality based on survey data usually suffer from undercoverage of the upper percentiles of the very wealthy. Yet given this group's substantial share of total net worth, it is of particular relevance. As no tax data are available in Germany, the largest fortunes can...
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According to calculations based on the Socio-Economic Panel (SOEP) study, average disposable household income rose by five percent in real terms between 2000 and 2012. Only the highest earners have benefited from this development. While real income in the top ten percent rose by more than 15...
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Studies indicating the development of household wealth in Germany are typically based on nominal values and do not take account of price rises and thus the actual purchasing power of those assets. DIW Berlin took inflation into account in a recent evaluation and concluded that the average net...
Persistent link: https://www.econbiz.de/10011310383