Inheritance in Germany 1911 to 2009: A Mortality Multiplier Approach

Research, Preprint OPEN
Christoph Schinke;
(2012)
  • Publisher: Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
  • Subject: D31 | H24 | N34
    • jel: jel:D31 | jel:H24 | jel:N34
      ddc: ddc:330

We estimate the size of inheritance and gift flows in Germany for selected years over the last century, applying the methodology used by Piketty (2011) for France and combining national accounts, tax statistics and survey data (mainly the German Socio-Economic Panel, SO... View more
  • References (61)
    61 references, page 1 of 7

    1 Estimates of yearly volume of inheritance in Germany in existing literature 9

    2 Personal tax exemptions (in e) for inheritance and gifts according to degree of kinship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

    3 Tax rates (in %) according to amount of taxable acquisition (Taxable acquisition: inheritance minus personal exemptions, see Table 2) . . . . . . . 12

    4 Socio-Economic Panel - descriptive statistics . . . . . . . . . . . . . . . . . 21

    5 Comparison of SOEP and national accounts data for private household wealth (in e billion) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

    6 Time lags in tax assessment . . . . . . . . . . . . . . . . . . . . . . . . . . 28

    7 Yearly taxed inheritance ows, gift-bequest ratio and coverage of inheritance tax statistics, 1911 2010 . . . . . . . . . . . . . . . . . . . . . . . . 30

    8 E ects of truncation of the sample on resulting t estimates, 2002 and 2007 38

    9 Resulting t estimates by di erential mortality scheme, 2002 and 2007 . . . 38

    10 Economic inheritance and gift ows in Germany, 1911 2009 . . . . . . . . 41

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