Household Portfolios in Germany


Börsch-Supan, Axel ; Eymann, Angelika


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URL: https://ub-madoc.bib.uni-mannheim.de/1008
URN: urn:nbn:de:bsz:180-madoc-10081
Document Type: Working paper
Year of publication: 2000
The title of a journal, publication series: Discussion Papers / Institut für Volkswirtschaftslehre und Statistik
Volume: 603
Place of publication: Mannheim
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Institut für Volkswirtschaftslehre und Statistik > Discussion Papers
Subject: 330 Economics
Subject headings (SWD): Deutschland , Deutschland <DDR> , Deutschland / Vereinigung , Haushalt , Portfolio Selection
Abstract: This paper describes portfolio choices of German households in the 1980s and 1990s, presenting stylized facts and analyzing recent trends in asset ownership rates and asset shares on the basis of financial accounts and survey data. We correlate socio-demographic household characteristics with asset shares and ownership and examine how German households have adjusted their asset portfolios in response to policy changes. A particular focus is on the effects of German reunification and the portfolio adjustments of East German households during the transition process.
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