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The evolution of tangibles, financial and social security wealth over the lifecycle: estimates for Germany

Die Entwicklung von Geld-, Sach- und Sozialversicherungsvermögen über den Lebenszyklus: eine Analyse für Deutschland
[journal article]

Beckers, Benjamin; Himmelreicher, Ralf K.; Schröder, Carsten

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Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-372905

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Abstract "Using survey and administrative micro data, the authors describe the wealth distribution in Germany between 1978 and 2003, focusing on the birth cohort 1939 to 1953 resident in West Germany. Estimates are provided for three types of wealth, financial wealth, real wealth and social security wealth, i.e. the number of accumulated earning points in Germany's public pension insurance. While financial and real wealth are rather unequally distributed, inequality in accumulated earning points is substantially lower, indicating that Germany's pay-as-you-go pension system plays a prominent role in mitigating the inequality in overall wealth after retirement." (author's abstract)
Keywords economic history; Federal Republic of Germany; prosperity; assets; life cycle; savings; pension; income distribution; statistics; private household; historical development; Federal Statistical Office; Bundesland Statistical Office; data; matching; data security
Classification Sociology of Economics; Social History, Historical Social Research; Methods and Techniques of Data Collection and Data Analysis, Statistical Methods, Computer Methods
Method empirical; quantitative empirical; basic research; historical; development of methods
Document language English
Publication Year 2012
Page/Pages p. 165-184
Journal Historical Social Research, 37 (2012) 2
Issue topic Politische und funktionale Eliten in postsozialistischer Transformation: Mittel- und Osteuropa seit 1989/90 / Political and functional elites in Post-Socialist transformation: Central and East Europe since 1989/90
ISSN 0172-6404
Status Published Version; peer reviewed
Licence Creative Commons - Attribution-Noncommercial-No Derivative Works