Interview of August 19, 2015
Dr. Grabka, you’ve analyzed the real net worth of households in Germany. What approach did you take?
In Germany, household assets are typically presented as nominal values, meaning they are shown in the prices of the given year. In our study, we attempted to analyze the asset situation while also taking inflation into account.
What were your findings?
Our study comes to the surprising conclusion that in Germany, net worth have declined in the past ten years. [...]
The interview with Markus Grabka, is published in DIW Economic Bulletin 34/2015 (PDF, 178.86 KB).
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