A new wholistic view on household wealth in Germany (with @TimmBoenke @glaub_rick Markus Grabka and Carsten Schröder): Including pension wealth increases the wealth-income-ratio by 280pp to 850% and raises the bottom 50% wealth share from 2% to 9%.
https://t.co/CALHOZzKjR
Important implications:
1) For the debate on indexing the age of retirement to overall life expectancy. Here, we also have to consider heterogeneity in life expectancy by lifetime earnings and regions in Germany.
2) For health-improving policies.
#Rente#Lebenserwartung
Strikingly, the correlations between place factors and life expectancy appear to be homogeneous rather than heterogeneous in magnitude and direction for individuals at the top and the bottom of the lifetime earnings distribution.
👇Tolle Zusammenfassung unserer neuen Studie mit @TimmBoenke zur Absicherung von Lebenseinkommen durch Familie und Wohlfahrtsstaat. Danke für die super Zusammenarbeit an @BarisicManuela@ValentinaConsi und @HainbachNata von der @BertelsmannSt!
New working paper (with @glaub_rick and Miriam Wetter): The Gender Lifetime Earnings Gap - The Role of Parenthood
Women earn on average 51.5% less than men over their entire work life. The gap increases with number of children. 1/5
#GenderPayGap
https://t.co/o7S1MzWo1s
New @DIW_Berlin discussion paper with @aharnackeber & Miriam Wetter exploring the role of parenthood for the gender lifetime earnings gap in Germany!
read 👇:
https://t.co/YDVZzqQZoG