The role of rental income, real estate and rents for inequality in Germany
Charlotte Bartels () and
Carsten Schroeder ()
Additional contact information
Carsten Schroeder: Socio-Economic Panel at DIW Berlin and Freie Universitaet Berlin
Authors registered in the RePEc Author Service: Carsten Schröder ()
No 7, Working Papers from Forum New Economy
We quantify the contribution of rental income to pre- and post-government equivalent household income inequality and of housing wealth to net wealth inequality between 2002 and 2017 in Germany by means of a factor decomposition. Further, we differentiate by region types (urban vs. rural, large vs. small municipalities) and federal states. We find that housing wealth, housing ownership and rental income particularly increased in large municipalities and urban areas; that rental income explains an increasing share of income inequality; and that the wealth inequality contribution of primary residence has increased over time, while the contribution of other real estate has decreased. Finally, we find an increasing rent load for the second quintile and the top quintile of the income distribution.
Keywords: inequality; income; consumption; wealth (search for similar items in EconPapers)
JEL-codes: C21 D12 D31 (search for similar items in EconPapers)
Pages: 30 pages
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
https://newforum.org/wp-content/uploads/2021/07/FNE-WP07-2020.pdf First version, 2020 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:agz:wpaper:2007
Access Statistics for this paper
More papers in Working Papers from Forum New Economy
Bibliographic data for series maintained by Xhulia Likaj ().