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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]
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, ... view more
"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)... view less
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
DOI
https://doi.org/10.12759/hsr.37.2012.2.165-184
ISSN
0172-6404
Status
Published Version; peer reviewed