The PHF: A comprehensive panel survey on household finances and wealth in Germany
AbstractThe Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by the Deutsche Bundesbank. It covers the balance sheets, pension claims, savings, incomes and work histories of households, together with some information on consumption patterns, attitudes, expectations and standard demographic characteristics. This paper introduces the survey, highlights its main methodological features and presents initial results. The first wave of the survey was carried out between September 2010 and July 2011. It encompasses a net sample of 3,565 randomly selected households in Germany. Wealthy households are oversampled using micro-geographic indicators. The survey is designed to be a full panel. The micro data will be made available for scientific use. The next wave is scheduled for 2014. Aside from being a self-contained and comprehensive survey on household finances in Germany, the PHF is part of the Household Finance and Consumption Survey (HFCS). This system of surveys collects ex ante harmonised micro data in every country of the euro area. --
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Bibliographic InfoPaper provided by Deutsche Bundesbank, Research Centre in its series Discussion Papers with number 13/2012.
Date of creation: 2012
Date of revision:
survey data; household panel; family economics; household finance; wealth distribution; portfolio choice;
Find related papers by JEL classification:
- C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
- D10 - Microeconomics - - Household Behavior - - - General
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-29 (All new papers)
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