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Research Project

Wealth-Holders at the Top (WATT): An Interdisciplinary Research Network

How much do Germany’s top wealth holders own in assets? What are their socio-demographic and psychological characteristics? How do the rich get rich in the first place? And how involved are they in civic and political activities? The project Wealth-Holders at the Top (WATT) seeks to answer these key questions. The aim is to understand the extent, causes, and consequences of economic...

Current Project| German Socio-Economic Panel study
Externe referierte Aufsätze

Looking for the Missing Rich: Tracing the Top Tail of the Wealth Distribution

We analyse the top tail of the wealth distribution in France, Germany, and Spain using the first and second waves of the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be under-represented in household surveys, we integrate big fortunes from rich lists, estimate a Pareto distribution, and impute the missing rich. In addition to the Forbes list, we rely on national rich ...

In: International Tax and Public Finance 26 (2019), 6, S. 1234-1258 | Stefan Bach, Andreas Thiemann, Aline Zucco
Externe referierte Aufsätze

The Social Integration of Lesbians, Gay Men and Bisexuals: Exploring the Role of the Municipal Context

This paper examines possible differences between lesbians, gay men and bisexuals (LGBs) compared to heterosexuals with respect to their integration into the residential neighbourhood. By means of a multi-level analysis, we examine if there is a gap in social integration between LGBs compared to heterosexuals, and if so, to what extent municipality characteristics can account for variations in this ...

In: Social Science Research (2020), im Ersch. [online first: 2019-07-03] | Mirjam Fischer, Matthijs Kalmijn, Stephanie Steinmetz
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Wealth inequality in Germany, 1895-2017

(together with Thilo Albers (HU Berlin) und Moritz Schularick (Uni Bonn)) This paper provides the first long-run wealth inequality series for Germany. We combine wealth tax data, survey data, national accounts' household balance sheets, and lists of large wealth holders to study the accumulation and distribution of wealth in Germany from 1895 to 2017. We find that wealth concentration in...

24.07.2019| Charlotte Bartels
Externe referierte Aufsätze

Job Matching in Connected Regional and Occupational Labour Markets

Job mobility equilibrates disparities in local labour markets and influences the job-matching efficiency. We specify a matching function with regional, occupational and combined regional–occupational spillovers of unemployed and vacancies. To construct these spillovers, we use information on regional proximities and occupational similarities. Based on novel German data on new hires, the unemployed ...

In: Regional Studies 53 (2019), 8, S. 1085-1098 | Alexandra Fedorets, Franziska Lottmann, Michael Stops
Externe referierte Aufsätze

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 (2020), | Timm Bönke, Markus M. Grabka, Carsten Schröder, Edward N. Wolff
Externe referierte Aufsätze

An Integrated Approach for a Top-Corrected Income Distribution

Household survey data provide a rich information set on income, household context and demographic variables, but tend to underreport incomes at the very top of the distribution. Administrative data like tax records offer more precise information on top incomes, but at the expense of household context details and incomes of non-filers at the bottom of the distribution. We combine the benefits of the ...

In: Journal of Economic Inequality 17 (2019), 2, S. 125-143 | Charlotte Bartels, Maria Metzing
Externe referierte Aufsätze

The Impact of the German Minimum Wage on Individual Wages and Monthly Earnings

This paper evaluates the short-run impact of the introduction of a statutory minimum wage in Germany on the hourly wages and monthly earnings of workers targeted by the reform. We first provide detailed descriptive evidence of changes to the wage structure in particular at the bottom of the distribution and distinguish between trends for regularly employed and marginally employed workers. In the causal ...

In: Jahrbücher für Nationalökonomie und Statistik 240 (2020), 2-3, S. 201-231 | Patrick Burauel, Marco Caliendo, Markus M. Grabka, Cosima Obst, Malte Preuss, Carsten Schröder, Cortnie Shupe
Externe referierte Aufsätze

Top Incomes in Germany, 1871-2014

This study provides new evidence on top income shares in Germany from industrialization to the present. Income concentration was high in the nineteenth century, dropped sharply after WWI and during the hyperinflation years of the 1920s, then increased rapidly throughout the Nazi period beginning in the 1930s. Following the end of WWII, German top income shares returned to 1920s levels. The German pattern ...

In: The Journal of Economic History 79 (2019), 3, S. 669-707 | Charlotte Bartels
Externe referierte Aufsätze

The Peer Composition of Pre-School Settings in England and Early Recorded Attainment among Low-Income Children

Evidence suggests that early education can promote children’s development and narrow attainment gaps between those from lower-income and higher-income families. However, realisation of these potential benefits depends on many factors, feasibly including peer composition. We use national census data for a year-group cohort of children in England in 2011, to answer two questions: how are low-income children ...

In: British Journal of Sociology of Education 40 (2019), 6, S. 717-741 | Kitty Stewart, Tammy Campbell, Ludovica Gambaro
906 results, from 11