Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/235719 
Year of Publication: 
2021
Citation: 
[Journal:] DIW Weekly Report [ISSN:] 2568-7697 [Volume:] 11 [Issue:] 17/18 [Publisher:] Deutsches Institut für Wirtschaftsforschung (DIW) [Place:] Berlin [Year:] 2021 [Pages:] 125-133
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
Both wages and needs-adjusted household income increased by ten percent between 2013 and 2018, benefiting all income groups. Wage inequality has been declining for many years and has now again reached the level of the early 2000s. At the same time, the low-wage sector shrank by two percentage points. Household income inequality, in contrast, has hardly changed for many years and the low-income rate is stagnating. However, the share of people in Germany who are affected by severe material deprivation sank to a low level in a European comparison. Income inequality in Germany has declined slightly since the beginning of the coronavirus pandemic, but this is likely primarily due to incomes decreasing among the self-employed. However, the pandemic poses the risk that an increasing number of insolvencies and unemployed people will cause incomes to fall again across the board. Financial assistance for the self-employed and business owners should not be ended too early and its targeting should be readjusted.
Subjects: 
Income inequality
poverty
SOEP
JEL: 
D31
I31
I32
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.