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Diskussionspapiere 1927 / 2021

Rent Price Control – Yet Another Great Equalizer of Economic Inequalities? Evidence from a Century of Historical Data

The long-run U-shaped patterns of economic inequality are standardly explained by basic economic trends (Piketty’s r>g), taxation policies, or “great levelers,” like catastrophes. This paper argues that housing policy, in particular rent control, is a neglected explanatory factor in understanding overall inequality. We hypothesize that rent control could decrease overall housing wealth, lower incomes ...

2021| Konstantin A. Kholodilin, Sebastian Kohl
Externe referierte Aufsätze

A Tale of Two Countries: The Long Shadow of the Crisis on Income and Wealth in Germany and Italy

In: Journal of Modern European History 19 (2021), 1, S. 33-39 | Charlotte Bartels, Salvatore Morelli
Externe referierte Aufsätze

Gender and Changes in Household Wealth after the Dissolution of Marriage and Cohabitation in Germany

Objective: To document how changes in household wealth following the dissolution of marriage and cohabitation differ by gender in Germany.Background: Marital property regimes usually prescribe that both partners receive a share of the couple's wealth following a divorce. The dissolution of cohabiting unions is not governed by marital property regimes in most countries, including Germany. Because men, ...

In: Journal of Marriage and Family 83 (2021), 1, S. 228-242 | Diederik Boertien, Philipp M. Lersch
Externe referierte Aufsätze

The Impact of Economic Uncertainty, Precarious Employment, and Risk Attitudes on the Transition to Parenthood

This study investigates how precarious employment throughout the life course affects the fertility behavior of men and women in Germany, and how risk attitudes moderate exposure to objectively given uncertainty. Analyzing data from the German Socio-Economic Panel (SOEP) study from 1990 to 2015, I find that men and women have become quite similar in their fertility behavior: Stable employment accelerates ...

In: Advances in Life Course Research 47 (2021), 100402, 14 S. | Christian Schmitt
DIW Weekly Report 49-52 / 2021

Universal Capital Endowment and Wealth Taxes Could Reduce Wealth Inequality

Wealth is very unequally distributed in Germany. To effect a long-term reduction, the new Federal Government could focus on more effectively promoting home ownership, supplementary retirement provision, and other precautionary savings. However, a universal capital endowment could decrease wealth inequality much more rapidly and successfully. In this report, a universal capital endowment of up to 20,000 ...

2021| Stefan Bach
SOEPpapers 1154 / 2021

Time, Income and Subjective Well-Being – 20 Years of Interdependent Multidimensional Polarization in Germany

Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income but a broader spectrum of dimensions is required to draw the picture of multiple facets of individual life. In our study of multidimensional polarization we extend the income dimension by time, a pre-requisite and fundamental resource of any individual activity. In particular, we ...

2021| Joachim Merz, Bettina Scherg
Externe referierte Aufsätze

Wealth of Children from Single-Parent Families: Low Levels and High Inequality in Germany

Families’ economic wealth is a resource that can provide children with crucial advantages early in their lives. Prior research identified substantial variation of wealth levels between different family types with children from single-parent families being most disadvantaged. The causes of this disadvantage, how much the disadvantage varies between children and how the non-resident parents’ wealth may ...

In: Journal of European Social Policy 31 (2021), 5, S. 565–579 | Philipp M. Lersch, Markus M. Grabka, Kilian Rüß, Carsten Schröder
DIW Weekly Report 46 / 2021

Income Inequality in Germany Temporarily Sinks During Crises

This study is the first to investigate the interdependence of income inequality and business cycles in Germany over the past 40 years. These fluctuations in income inequality are important because they are decisive for designing effective and targeted structural redistributive and stabilization measures. The results of this study show that income inequality in Germany fluctuates with the business cycle ...

2021| Geraldine Dany-Knedlik, Alexander Kriwoluzky
Externe referierte Aufsätze

Redistribution and Insurance in Welfare States around the World

Redistribution across individuals within the framework of a one-year period is an empirically intensely studied question. However, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective, reducing the level of actual redistribution across individuals. In this paper, we investigate to what extent long-run redistribution diverges from annual redistribution ...

In: The Scandinavian Journal of Economics 123 (2021), 4, S. 1116-1158 | Charlotte Bartels, Dirk Neumann
DIW Weekly Report 44/45 / 2021

Need for Long-Term Care Depends on Social Standing

The poor have a significantly shorter life expectancy than the wealthy. Using data from the Socio-Economic Panel, this Weekly Report shows that poorer people become in need of care earlier in life and more often. In addition, blue-collar workers have a higher risk of requiring care than civil servants, as do people with high job strain compared to those with low job strain. The risk of dependence on ...

2021| Johannes Geyer, Peter Haan, Hannes Kröger, Maximilian Schaller
946 results, from 21