Household Portfolios in Germany

Axel Börsch-Supan () and Angelika Eymann ()
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Axel Börsch-Supan: Sonderforschungsbereich 504, Postal: L 13, 15, D-68131 Mannheim
Angelika Eymann: Sonderforschungsbereich 504, Postal: L 13, 15, D-68131 Mannheim

No 00-15, Sonderforschungsbereich 504 Publications from Sonderforschungsbereich 504, Universität Mannheim, Sonderforschungsbereich 504, University of Mannheim

Abstract: This paper describes portfolio choices of German households in the 1980's and 1990's. We present stylized facts and analyze recent trends of asset ownership rates and asset shares on the basis of national accounts and survey data. We correlate socio-demographic household characteristics with asset shares and ownership, and analyze how German households have adjusted their asset portfolios in response to the policy changes during this time. A particular focus is on the effects of German reunification and the portfolio adjustments of East German households during the transition process.

Pages: 62 pages
Note: This paper is an abbreviated version of a working paper that is available upon request. We gratefully acknowledge financial support of the Deutsche Forschungsgemeinschaft and the European Union (through Project B1 of the Sonderforschungsbereich 504 at the University of Mannheim, and through TMR-project ERBFMRXCT960016
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Citations: View citations in EconPapers (7)

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