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Publications of the Project: Wealth mobility in the US and Germany

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  • SOEPpapers 899 / 2017

    A Head-to-Head Comparison of Augmented Wealth in Germany and the United States

    We provide levels of, compositions of, and inequalities in household augmented wealth – defined as the sum of net worth and pension wealth – for two countries: the United States and Germany. Pension wealth makes up a considerable portion of household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between the two countries: While average ...

    2017| Timm Bönke, Markus M. Grabka, Carsten Schröder, Edward N. Wolff
  • Refereed essays Web of Science

    A Head-to-Head Comparison of Augmented Wealth in Germany and the United States

    We examine the composition of augmented household wealth, the sum of net worth and pension wealth, in the United States and Germany. Pension wealth makes up a considerable portion of household wealth of about 48% in the United States and 61% in Germany. When pension wealth is included in household wealth, the Gini coefficient falls from 0.889 to 0.700 in the United States and from 0.755 to 0.508 in ...

    In: The Scandinavian Journal of Economics 122 (2020), 3,S. 1140-1180 | Timm Bönke, Markus M. Grabka, Carsten Schröder, Edward N. Wolff
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