SOEP Research: Inequality and Mobility

Wealth Distribution within Couples

While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German socio-economic panel study. In married and cohabiting couples men's net worth, on average, is 33,000euros higher than women's. We look at five different sets of factors (demographics, ...

Income Inequality Remains High in Germany: Young Singles and Career Entrants Increasingly at Risk of Poverty

According to calculations based on the Socio-Economic Panel (SOEP) study, average disposable household income rose by five percent in real terms between 2000 and 2012. Only the highest earners have benefited from this development. While real income in the top ten percent rose by more than 15 percent, the earnings of the middle income groups stagnated, and even fell in the lower income groups. As a ...

Income Inequality Remains High: Eight Questions to Markus Grabka

Significant Statistical Uncertainty over Share of High Net Worth Households

The analyses of wealth inequality based on survey data usually suffer from undercoverage of the upper percentiles of the very wealthy. Yet given this group’s substantial share of total net worth, it is of particular relevance. As no tax data are available in Germany, the largest fortunes can only be simulated using “rich lists.” For example, combining the Forbes list, with its approximately 50 German ...

Intergenerational Downward Mobility in Educational Attainment and Occupational Careers in West Germany in the Twentieth Century

What happens in the occupational careers of men if the intergenerational continuity in status reproduction is disrupted by the failure to reproduce the parental level of educational attainment? We frame this failure as a risk for intergenerational status maintenance and ask whether such a risk induces extra effort by way of compensation. By studying eight birth cohorts born between 1919 and 1971 characterized ...

Real Net Worth of Households in Germany Fell between 2003 and 2013

Studies indicating the development of household wealth in Germany are typically based on nominal values and do not take account of price rises and thus the actual purchasing power of those assets. DIW Berlin took inflation into account in a recent evaluation and concluded that the average net worth of households in Germany decreased in real terms by almost 15 percent from 2003 to 2013. This figure, ...

German Investment Behavior Contributes to Real Losses in Net Worth of Households: Six Questions to Markus Grabka

Soziale Ungleichheiten der mütterlichen und kindlichen Gesundheit: Die Geburt aus dem Blickwinkel der Soziologie ; Dissertation

Unfair Pay and Health

This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. Throughout the experiment we record ...

Positional Income Concerns: Prevalence and Relationship with Personality and Economic Preferences

This paper presents detailed evidence about who compares to whom in terms of relative income. We rely on representative survey data on the importance of income comparisons vis-a-vis seven reference groups, allowing us to exploit within-subject heterogeneity. We explore the prevalence and determinants of positional income concerns, investigating the role of personality and economic preferences. Our ...