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PreprintCited by 22Income, Poverty, and InequalityLabor market dynamics and wage inequalityFinancial Literacy, Pension, Retirement Analysis

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Transitioning Towards More Equality? Wealth Gender Differences and the Changing Role of Explanatory Factors Over Time.

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Sierminska, Eva, Piazzalunga, Daniela, Grabka, Markus·2018·SSRN Electronic Journal
DOI 10.2139/ssrn.3289078
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Abstract

We investigate the explanatory factors that have contributed to changing wealth levels and the gender wealth gap in Germany over the period 2002-2012. In particular, we analyze the role of changes in labor supply, permanent income, portfolio composition, and marital status on wealth accumulation. Using individual level micro data from the German Socio-Economic Panel results show that real mean wealth levels for the working age population have been decreasing for both women and men since 2002 and that the wealth gap has decreased by 13.5% to 30.700€. We show that the increased participation of women in the labor market and their occupational structure had an increasing positive role on women’s wealth accumulation. Making use of the panel dimension in the data and of Oaxaca-Blinder and Firpo, Fortin, Lemieux decompositions, in comparison to previous analyses, a diminishing role of permanent income is observed, due both to a reduction in the gender difference in permanent income and in gender differences in its returns. Overall, the evidence points to more equal wealth accumulation both in terms of characteristics and returns.

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  • Planning and Financial Literacy: How Do Women Fare?

    Lusardi, A., & Mitchell, O. S. (2008) · American Economic Review · doi:10.1257/aer.98.2.413 · Cited by 1,512 · cited 1×

    “Addionally, financial literacy influences investment decisions (e.g. Huston 2010; Lusardi and Mitchell, 2008), and it has been shown that women have lower financial knowledge than men, which leads them to have more conservative investments patterns (Almenberg and Dreber, 2015).”

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Metadata

Authors
Sierminska, E., Piazzalunga, D., & Grabka, M.
Affiliations
German Institute for Economic Research (DE)
Corresponding author
Sierminska, Eva
ORCID
Venue
SSRN Electronic Journal
Publisher
Elsevier BV
Published
2018
ISSN
1556-5068 (ISSN-L)
DOI
10.2139/ssrn.3289078
OpenAlex
W3125738830
Cited by
22
References
1
Citations by year
2026: 1 · 2025: 2 · 2024: 4 · 2023: 1 · 2022: 5 · 2021: 3 · 2020: 3 · 2019: 2 · 2018: 1
Type
posted content
Language
en
Open access
Locations
  • SSRN Electronic Journal (acceptedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • SOEPpapers on Multidisciplinary Panel Data Research (submittedVersion)
  • Econstor (Econstor) (submittedVersion)
  • Institutional Research Information System (Università degli Studi di Trento) (submittedVersion)
Topics
  • Social Sciences › Sociology and Political Science › Income, Poverty, and Inequality
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Labor market dynamics and wage inequality
  • Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
Keywords
gender wealth gap, wealth accumulation, women's employment, occupational structure, permanent income, portfolio composition, marital status, wealth inequality, Germany, Oaxaca-Blinder decomposition

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CoChat. (2026). Citation check: Transitioning Towards More Equality? Wealth Gender Differences and the Changing Role of Explanatory Factors Over Time. https://app.cochat.ai/papers/10.2139/ssrn.3289078
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Sierminska, E., Piazzalunga, D., & Grabka, M. (2018). Transitioning Towards More Equality? Wealth Gender Differences and the Changing Role of Explanatory Factors Over Time. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3289078