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Research on wealth inequality usually focuses on real and financial assets, while (public) pension wealth receives little attention. This paper provides for the first time evidence on the levels and composition of and inequalities in households’ positions of augmented wealth – the sum of net worth and pension wealth – in two countries with distinct welfare regimes, the United States and Germany. Micro ...
Dresden:
2016,
(Paper prepared for the 34th IARIW General Conference)
| Markus M. Grabka, Timm Bönke, Edward N. Wolff, Carsten Schröder
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Berlin:
German Institute for Economic Research (DIW Berlin),
2003,
(DIW Research Note 29)
| Markus M. Grabka, Joachim R. Frick
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In:
Bruce Headey, Elke Holst ,
SOEP Wave Report 1-2008. A Quarter Century of Change: Results from the German Socio-Economic Panel
Berlin: DIW Berlin
35-40
| Markus M. Grabka, Joachim R. Frick
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In:
Weekly Report
4 (2008), 4, 21-27
| Markus M. Grabka, Joachim R. Frick
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The Great Recession (GR) of the late 2000s had a significant but fortunately only temporary impact on the German labour market and economy as a whole. By the last quarter of 2010, nominal GDP had already returned to pre-recession levels and unemployment had reached its lowest levels since reunification. Scholars have described this striking resilience of the German labour market as ‘Germany’s jobs ...
In:
Stephen P. Jenkins, Andrea Brandolini, John Micklewright, Brian Nolan ,
The Great Recession and the Distribution of Household Income
Oxford: Oxford University Press
90-112
| Markus M. Grabka, Joachim R. Frick
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Inequality of disposable incomes in Germany has decreased slightly since its peak in 2005. However, this trend did not continue in 2011. The most important reasons for this were the inequality in market incomes, including capital incomes, which had increased again. Besides this finding, the updated analyses of personal income distribution based on the Socio-Economic Panel Study (SOEP) show that the ...
In:
DIW Economic Bulletin
4 (2014), 1, 16-25
| Markus M. Grabka, Jan Goebel
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The real disposable income of private households in Germany, accounting for inflation, rose by 12 percent between 1991 and 2014. This is what the present study based on data from the Socio-Economic Panel (SOEP) has shown. However, the trends varied greatly depending on income group. While the middle income segment rose by more than eight percent, the highest income segment increased by up to 26 percent. ...
In:
DIW Economic Bulletin
7 (2017), 5, 47-57
| Markus M. Grabka, Jan Goebel
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Between 1991 and 2015, the real disposable, needs-adjusted income of persons in private households in Germany rose by 15 percent on average. The majority of the population has benefited from the growth in real income, but the groups at the lower end of the income distribution have not. Inequality in both market and disposable needs-adjusted household income has remained high. These are the findings ...
In:
DIW Weekly Report
8 (2018), 21, 181-190
| Markus M. Grabka, Jan Goebel
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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 ...
In:
DIW Economic Bulletin
5 (2015), 25, 325-339
| Markus M. Grabka, Jan Goebel, Carsten Schröder
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According to calculations based on the Socio-Economic Panel (SOEP) study, the proportion of middle-income group in Germany fell by six percentage points from 1991 to 2013, taking it to 54 percent. Germany is not the only country to have experienced such a downturn, however. Analyses of the situation in the US indicate a similar decline. To the middle-income group belong individuals in households earning ...
In:
DIW Economic Bulletin
6 (2016), 18/2016, 199-210
| Markus M. Grabka, Jan Goebel, Carsten Schröder, Jürgen Schupp