The Phf: A Comprehensive Panel Survey on Household Finances and Wealth in Germany

48 Pages Posted: 21 Jun 2016

See all articles by Ulf von Kalckreuth

Ulf von Kalckreuth

Deutsche Bundesbank - Economic Research Centre

Martin Eisele

Deutsche Bundesbank

Julia Le Blanc

Deutsche Bundesbank

Tobias Schmidt

Deutsche Bundesbank - Research Center

Junyi Zhu

Deutsche Bundesbank

Date Written: 2012

Abstract

The 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.

Keywords: survey data, household panel, family economics, household finance, wealth distribution, portfolio choice

JEL Classification: C83, D10, D14, D31

Suggested Citation

von Kalckreuth, Ulf and Eisele, Martin and Le Blanc, Julia and Schmidt, Tobias and Zhu, Junyi, The Phf: A Comprehensive Panel Survey on Household Finances and Wealth in Germany (2012). Bundesbank Discussion Paper No. 13/2012. Available at SSRN: https://ssrn.com/abstract=2796868

Ulf Von Kalckreuth (Contact Author)

Deutsche Bundesbank - Economic Research Centre ( email )

Wilhelm-Epstein-Strasse 14
Frankfurt/Main D-60431
Germany

Martin Eisele

Deutsche Bundesbank

Wilhelm-Epstein-Str. 14
Frankfurt/Main, 60431
Germany

Julia Le Blanc

Deutsche Bundesbank ( email )

Wilhelm-Epstein-Str. 14
Frankfurt/Main, 60431
Germany

Tobias Schmidt

Deutsche Bundesbank - Research Center ( email )

Wilhelm-Epstein-Str. 14
Frankfurt/Main, 60431
Germany

Junyi Zhu

Deutsche Bundesbank ( email )

Wilhelm-Epstein-Str. 14
Frankfurt/Main, 60431
Germany

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