Full text: Vermögensunterschiede nach Geschlecht in Österreich und Deutschland: Eine Analyse auf der Personenebene (168)

Abstract
The di?erence in wages and income between men and women – the gender wage gap –
has been a central point in empirical research for decades. The analysis of gender di?erences
in wealth holdings, however, is largely absent from the literature. This is an important
omission because wealth is a more comprehensive indicator of the well-being of households
and individuals than income is. This report examines the gender wealth gap within Austrian
households using 2014 Household Finance and Consumption Survey (HFCS) data. Our
research paper contributes to the existing literature by presenting the ?rst study of gender-
related wealth di?erences at the individual level in Austria. Furthermore, we compare our
results for Austria to those for Germany, which are calculated using data from the German
Socio-oeconomic Panel (SOEP). Our ?ndings suggest that there are gender-speci?c wealth
di?erences in both countries. We ?nd an average gender wealth gap of 58.417e for men and
women in coupled households in Austria. Women thus hold 28% less wealth than men. We
further study the relationship between the gender wealth gap and employment status, ?nding
that there is a gender wealth gap of 35% for employed women in Austria. The gap is even
larger when comparing full-time employees: women working in full-time positions own 43%
less wealth compared to male full-time workers. Similar results can be found in Germany: on
average, we identify a gender wealth gap of 40.599e, or 32%, in German coupled households.
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