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...

Individuals with assets in the millions of euros have been underrepresented in population surveys and accordingly little has been known about them. As a result, the full extent of wealth concentration in Germany was unknown. To close the existing data gap, the Socio-Economic Panel (SOEP) inte-...

Individuals with assets in the millions of euros have been underrepresented in population surveys and accordingly little has been known about them. As a result, the full extent of wealth concentration in Germany was unknown. To close the existing data gap, the Socio-Economic Panel (SOEP) inte-...

Personen mit Vermögen in Millionenhöhe waren bislang in Bevölkerungsbefragungen kaum vertreten - entsprechend wenig wusste man über sie. Auch blieb das exakte Ausmaß der Vermögenskonzentration unklar. Das Sozio-oekonomische Panel (SOEP) hat nun eine Spezialstichprobe integriert, in der...

Personen mit Vermögen in Millionenhöhe waren bislang in Bevölkerungsbefragungen kaum vertreten - entsprechend wenig wusste man über sie. Auch blieb das exakte Ausmaß der Vermögenskonzentration unklar. Das Sozio-oekonomische Panel (SOEP) hat nun eine Spezialstichprobe integriert, in der...

Personen mit Vermögen in Millionenhöhe waren bislang in Bevölkerungsbefragungen kaum vertreten - entsprechend wenig wusste man über sie. Auch blieb das exakte Ausmaß der Vermögenskonzentration unklar. Das Sozio-oekonomische Panel (SOEP) hat nun eine Spezialstichprobe integriert, in der...

The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by the Deutsche Bundesbank. It covers the balance sheets, pension claims, savings, incomes and work histories of households, together with some information on consumption patterns,...

The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by the Deutsche Bundesbank. It covers the balance sheets, pension claims, savings, incomes and work histories of households, together with some information on consumption patterns,...

Who makes it to the top? We use the leading, socio-economic survey in Germany supplemented by extensive data on the rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both distributions jointly. Although we consider many, only a...