Der Einfluß von Imputed Rent auf die personelle Einkommensverteilung. The Impact of Imputed Rent on the Personal Distribution of Income
This article deals with various methods concerning income advantages of owner occupied housing (imputed rental value or imputed rents), which shows to be one of the most important nonmonetary income components. We also explore the effects of such advantages on the personal distribution of income. Following a description of the theoretical aspects of the various methods as well as their advantages and disadvantages, an empirical study based on the micro-data of the German Socio-Economic Panel (SOEP) is then presented. In conclusion, recommendations for taking imputed rent into account in analysis of the distribution of individual income and income mobility are given, based on the theoretical framework and the empirical results of this study. Most important results of our analysis include (a) a slight decrease in overall income inequality due to the inclusion of imputed rent, and (b) a positive income advantage for the elderly, thus confirming the specific role of owner occupied housing as a means of old age provision.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 221 (2001)
Issue (Month): 3 (June)
|Contact details of provider:|| Web page: https://www.degruyter.com|
|Order Information:||Web: https://www.degruyter.com/view/j/jbnst|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard V. Burkhauser & John G. Poupore, 1997. "A Cross-National Comparison Of Permanent Inequality In The United States And Germany," The Review of Economics and Statistics, MIT Press, vol. 79(1), pages 10-17, February.
- Burkhauser, Richard V & Frick, Joachim R & Schwarze, Johannes, 1997. "A Comparison of Alternative Measures of Economic Well-Being for Germany and the United States," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 43(2), pages 153-171, June.
- Wolfe, Barbara L & Moffitt, Robert, 1991. "A New Index to Value In-Kind Benefits," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 37(4), pages 387-408, December.
- Cowell, F.A., 2000.
"Measurement of inequality,"
Handbook of Income Distribution,in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 2, pages 87-166
- Frank Cowell, 1998. "Measurement of inequality," LSE Research Online Documents on Economics 2084, London School of Economics and Political Science, LSE Library.
- Cheol-Joo Cho, 1997. "Joint Choice of Tenure and Dwelling Type: A Multinomial Logit Analysis for the City of Chongju," Urban Studies, Urban Studies Journal Limited, vol. 34(9), pages 1459-1473, August.
- BÃ¶heim, RenÃ© & Jenkins, Stephen P., 2000. "Do current income and annual income measures provide different pictures of Britain's income distribution?," ISER Working Paper Series 2000-16, Institute for Social and Economic Research.
- René Böheim & Stephen P. Jenkins, 2000. "Do Current Income and Annual Income Measures Provide Different Pictures of Britain's Income Distribution?," Discussion Papers of DIW Berlin 214, DIW Berlin, German Institute for Economic Research.
- Yates, Judith, 1994. "Imputed Rent and Income Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 40(1), pages 43-66, March.
- Aaberge, Rolf & Melby, Ingrid, 1998. "The Sensitivity of Income Inequality to Choice of Equivalence Scales," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 44(4), pages 565-569, December.
- Joachim R. Frick & Markus M. Grabka, 2000. "Personelle Einkommensverteilung und der Einfluß von Imputed Rent," Discussion Papers of DIW Berlin 225, DIW Berlin, German Institute for Economic Research. Full references (including those not matched with items on IDEAS)