Reports , News of 14 August 2019

Updated data on individual private wealth to be released soon

The 2017 wave of the SOEP survey was the fourth to include a module on individual private wealth. The data from this module have been processed to deal with item non-response and to provide user-friendly harmonized variables in the widely used PWEALTH and HWEALTH files, which now include private wealth data from 2002, 2007, 2012, and 2017.

The 2017 SOEP wealth module covered two new components of wealth: first, the value of vehicles such as a car, motorcycle, motor home, or privately used truck (variable v0111$), and second, outstanding student loans or BAföG debt (S0111$). These components affect the sum of gross wealth and debts: that is, net worth. The PWEALTH/HWEALTH files will now contain a new net worth variable that includes these two new wealth components (N0111$ / N011H$, $ = a,b,.., e).

As of September 16, registered data users who are interested in using this information can download these files. Please contact:

Documentation on the revised PWEALTH/HWEALTH file will be available soon as a SOEP Survey Paper.