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PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
METHOD:PUBLISH
CALSCALE:GREGORIAN
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UID:diw_01.c.494341.de
LOCATION:Eleanor-Dulles-Raum,DIW Berlin im Quartier 110,5.2.010,Anton-Wilhelm-Amo-Straße 58,10117 Berlin
SUMMARY:The top tail of the German wealth distribution
DESCRIPTION:We investigate the top tail of the German wealth distribution using the first wave of the Household Finance and Consumption Survey (HFCS). Assuming that wealth follows a Pareto distribution above a minimum level, we correct for the "missing rich" by imputing wealth above three million Euro. Then, we investigate the German wealth distribution considering the impact of the imputation. To test the robustness of the results, the imputation is replicated using the SOEP 2012. The findings suggest that the concentration of wealth in the top tail is substantially higher in the corrected wealth distribution.
DTSTART;VALUE=DATE:20141210
DTEND;VALUE=DATE:20141210
DTSTAMP:20141207T230000Z
URL:https://www.diw.de/de/diw_01.c.494341.de/veranstaltungen/the_top_tail_of_the_german_wealth_distribution.html
ORGANIZER;CN=Michael Neumann:mailto:mneumann@diw.de
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