Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/144549
Authors: 
Bönke, Timm
Grabka, Markus M.
Schröder, Carsten
Wolff, Edward N.
Zyska, Lennard
Year of Publication: 
2016
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research 853
Abstract: 
Research on wealth inequality usually focuses on real and financial assets, while pension wealth - the present value of future pension entitlements from public and company pension schemes - receives little attention. This is astonishing, given that pension plans play an important role for material security and well-being for an overwhelming part of the population and, thus, should be accounted for in peoples' wealth portfolios. Using novel data from the Socio Economic Panel (SOEP), we show the incidence, relevance, and distribution of individual pension wealth, net worth, and augmented wealth (the sum of the two) in Germany. Further, we investigate age-wealth-profiles and differences between East and West Germany.
Subjects: 
net worth
pension wealth
augmented wealth
SOEP
age wealth profiles
JEL: 
D31
H55
J32
Document Type: 
Working Paper

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