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Wealth Inequality on the Rise in Germany

Frick, Joachim R.; Grabka, Markus M. - In: Weekly Report 5 (2009) 10, pp. 62-73

Individual net wealth in Germany totaled an average of around 88,000 Euros at the beginning of 2007 which was about 10 percent higher than in 2002. Decisive for this development was an increase in monetary wealth as well as wealth from private insurance. In connection with the overall quite...

Persistent link: https://www.econbiz.de/10011601263

Old-Age Pension Entitlements Mitigate Inequality: But Concentration of Wealth Remains High

Frick, Joachim R.; Grabka, Markus M. - In: Weekly Report 6 (2010) 8, pp. 55-64

Entitlements from old-age pension schemes - statutory, company, and private - represent a considerable source of wealth. For data-related reasons, analyses of the personal wealth distribution have so far failed to take this into account, however. According to recent calculations based on the...

Persistent link: https://www.econbiz.de/10011601297

Income Polarisation in Germany Is Rising

Goebel, Jan; Gornig, Martin; Häußermann, Hartmut - In: Weekly Report 6 (2010) 26, pp. 199-206

Income disparities between poorer and richer households in Germany have been widening since reunification. Although this income polarisation is reduced during economically favourable periods by strong growth in employment, once the good times are over, it rises all the faster. The longer-term...

Persistent link: https://www.econbiz.de/10011601315

Five Years after the Reform of the Social and Unemployment Benefits in Germany

Brenke, Karl - In: Weekly Report 6 (2010) 12, pp. 86-96

only a weak sign for success: Firstly, unemployment on the whole decreased more than in previous economic recoveries, and … a success if unemployment rates drastically went down also for social benefits recipients. There were no significant …

Persistent link: https://www.econbiz.de/10011601301

A Summer Break for the Unemployment Rate: Google-Assisted Forecasting Signals Easing

Askitas, Nikos; Zimmermann, Klaus F. - In: Weekly Report 5 (2009) 25, pp. 176-181

, many observers are anticipating a dramatic rise in unemployment in the fall, with the total number of unemployed rapidly … unemployment rate will remain relatively stable in August and through the end of September, when elections for the German Bundestag … will be held. The seasonally adjusted unemployment rate is actually falling. Given this fact, the danger that the total …

Persistent link: https://www.econbiz.de/10011601278