ISI Wealth Conference 2025

Program

Event Location: Schellingstr. 3, 80799 Munich

Directions to Venue

(last update: 7 October 2025, 10:00, changes still possible)

Thursday, 9 October 2025

Start Time

End Time

Event

Location

8:00

9:00

Registration

Foyer

S 031

9:00

10:30

Opening + Keynote Talk with Céline Bessière (Paris-Dauphine University and University Institute of France) on "The Gender of Capital"

Lecture Hall

S 004

10:30

11:00

Coffee Break

TBD

11:00

12:30

Session 1.1: Wealth Measurement

Missing Wealth Distribution, Wealth Inequality, and Anti-Inequality Policies – Michele Bavaro (University of Oxford) and Piotr Paradowski (Luxembourg Income Study and Gdansk University of Technology)

The Global Distribution of Human and Nonhuman Wealth – Olle Hammar (Linnaeus University and Institute for Futures Studies) and Daniel Waldenström (Research Institute of Industrial Economics)

Reach Me if You Can: How to Boost the Participation of Rich Households in Wealth Surveys? – Andrej Cupak (National Bank of Slovakia and University of Economics in Bratislava), Judita Jurašeková Kucserová (National Bank of Slovakia) Zuzana Brokešová (University of Economics in Bratislava), Boris Frankovič (Statistical Office of the Slovak Republic) and Sofie Waltl (University of Cambridge)

Break-out Room 1

R 153

 

11:00

12:30

Session 1.2: Trends in Wealth Inequality

Student Debt and Wealth Gap among College-educated Americans: A Life Course and Cohort Analysis – Lingxin Hao (Johns Hopkins University)

Economic Elites and Wealth Concentration Cross-Nationally, 1996-2025 – Wesley Stubenbord (Cornell University)

Belgian Wealth Inequality, 1935-2022 – Arthur Apostel (Ghent University)

Break-out Room 2

R 205

11:00

12:30

Session 1.3: Housing Markets

Unaffordability and the Corporate Concentration of Housing Wealth: Structural Shifts in U.S. Housing Markets – Max Fineman (Princeton University)

Housing Affordability, Familial Assistance, and the Transition to Home Ownership – Joe LaBriola (University of Michigan)

Collective Ownership, Unequal Access? Housing Cooperatives and Socioeconomic Inequality Lena Radau (LMU Munich)

Break-out Room 3

R 210

11:00

12:30

Session 1.4: Demographic Perspectives on Wealth

Wealth Inequality among Families in a Changing Demographic Landscape: Evidence from Germany, 1988–2017 – Lisa Klein (Humboldt University of Berlin), Philipp M. Lersch (DIW Berlin) and Maximilian Longmuir (Stone Center at CUNY)

Wealth and Education of Single-Parent Households in Light of Different Education Policies – Sylwia Radomska (Polish Academy of Sciences and GRAPE) and

Eva Sierminska (LISER and Polish Academy of Sciences)

The nativity wealth gap – a systematic review and meta-analysis – Mathis Herpell (DIW Berlin)

Break-out Room 4

R 309

12:30

13:30

Lunch

Foyer

S 031

13:30

15:00

Session 2.1: Measuring Perceptions of Wealth

“I Don’t See Anything Positive or Neutral In It”: Adolescents’ Lived Experiences, Perceptions, and Understandings of Inequality – Marie Lou Hartmann (University of Bamberg), Margitta Grötsch (University of Bayreuth), Daniel Mayerhoffer (University of Amsterdam), Hannah Olbrich (University of Bamberg) and Jan Schulz (University of Bamberg)

Tied to Reality? A Network-Based Approach to Inequality Perceptions in the Classroom – Hannah Olbrich (University of Bamberg), Margitta Grötsch (University of Bayreuth), Marie Lou Hartmann (University of Bamberg), Daniel Mayerhoffer (University of Amsterdam) and Jan Schulz (University of Bamberg)

Perceptions of Wealth and Income Inequality: A Distinction without a Difference? – Kris-Stella Trump (Johns Hopkins University) and Felix Jäger (University of Konstanz)

Break-out Room 1

R 153

13:30

15:00

Session 2.2: Pensions

The State Construction of Heterogeneous Returns: The Individualized Retirement System and the Rise of the 1% – Asher Dvir-Djerassi (University of Michigan)

Pension Systems and Wealth Inequality in Old Age: Revisiting the Paradox of Redistribution – Kun Lee (LIS Cross-National Data Center and Luxembourg Institute of Socio-Economic Research), Javier Olivera (Luxembourg Institute of Socio-Economic Research) and Philippe Van Kerm (University of Luxembourg)

Break-out Room 2

R 205

13:30

15:00

Session 2.3: International Perspectives on Housing

Trusts and International Wealth Management: Direct and Indirect Ownership of Real Estate in Britain – Amelie Grosenick (LMU Munich) and Jakob Miethe (LMU Munich)

Housing Wealth Regimes – Nora Waitkus (Heidelberg University and London School of Economics) and Fabian Pfeffer (LMU Munich)

Housing Wealth Inequality in Urban China – Wei Zhao (University of California, Riverside), Jun Xu (University of Macau) and Fang Gong (Ball State University)

Break-out Room 3

R 210

13:30

15:00

Session 2.4: Concepts of Wealth

The Misunderstood Middle: How Ownership Redefines Class – Pirmin Fessler (Austrian National Bank) and Martin Schürz (Austrian National Bank)

A Conceptual Analysis of the “Wealth Advantage” in Current EU Sustainability Reporting and Assessment Standards – Felicitas Sommer (Technical University of Munich)

Does Land Inequality Have a Spatial Dimension? An East African Perspective – Stephan Kehinde Medase (Johann Heinrich von Thünen Institute), Resty Naiga (Makerere University) and Raphael Kweyu (Kenyatta University)

Break-out Room 4

R 309

15:00

15:30

Coffee Break

Foyer

S 031

15:30

17:00

Session 3.1: Thematic Mix: New Comparative Perspectives

Networks of Privilege? Communist Party Connections, Wealth, and Human Capital – Joan Costa-Font (London School of Economics and Political Science, Institute of Labor Economics, and CESifo), Anna Nicińska (University of Warsaw) and Olga Popova (Leibniz Institute for East and Southeast European Studies and Institute of Labor Economics)

Wealth Taxation and Redistribution in International Comparison – Fabian Pfeffer (LMU Munich), Franziska Disslbacher (Vienna University of Economics and Business) and Daniel Rösler (LMU Munich)

Break-out Room 1

R 153

15:30

17:00

Session 3.2: Understanding Gender Gaps in Wealth

Wealth Inequalities between Women and Men in the Top 1%: First Insights from Ethnographic Fieldwork in Continental Europe – Céline Bessière (Paris-Dauphine University and University Institute of France)

Prenuptial Agreements and Economic Gender Equality – Lina Aldén (Linnaeus University), Anne Boschini (Stockholm University) and Anna Nordén (Jönköping University)

Understanding Gendered Wealth Inequality: The Role of Bargaining Power – Vanessa Lechinger (Vienna Chamber of Labour and Vienna University of Economics and Business), Miriam Rehm (University of Duisburg-Essen) and Izsakun Zuazu Bermejo (University ofDuisburg-Essen)

Break-out Room 2

R 205

15:30

17:00

Session 3.3: Wealth and Health

Assets, Debts, and Health: Disaggregating the Wealth–Health Gradient in Japan – Dina Maskileyson (University of Luxembourg) and Piotr Paradowski (Luxembourg Income Study and Gdansk University of Technology)

The Wealth–Health Gradient Over the Life Course: A Cross National Comparative Analysis – Davide Gritti (University of Trento), Dina Maskileyson (University of Luxembourg), Raffaele Grotti (University of Trento and Stockholm University) and Stefani Scherer (University of Trento)

Inherited (Dis)Advantage? The Long Arm of Health Returns to Family Wealth in Norway by Gender and Migration Background – Bettina Hünteler (DIW Berlin) and Dina Maskileyson (University of Luxembourg)

Break-out Room 3

R 210

15:30

17:00

Session 3.4: Wealth and Marriage

Household structures, assortative mating and wealth concentration – Federico Scalese (University of Luxembourg and Luxembourg Institute of Socio-Economic Research)

Same-Sex Inequalities in Norway: Selection into Marriages and Consequences for Education, Income, and Wealth – Øyvind N. Wiborg (University of Oslo and DIW Berlin/SOEP) and Alexi Gugushvili (University of Oslo)

Marrying a Billionaire: Studying US American Billionaires’ Family Biographies Using the Forbes World’s Billionaires List, 2010-2022 – Ria Wilken (Freie Universität Berlin)

Break-out Room 4

R 309

17:00

19:00

Opening Reception

Foyer

S 031


Friday, 10 October 2025

Start Time

End Time

Event

Location

8:00

9:00

Registration

Foyer

S 031

9:00

10:30

Session 4.1: Perceptions and Tax Preferences

How Contextualizing Wealth Shapes Perceptions and Tax Preferences – Franziska Disslbacher (Vienna University of Economics and Business), Raphael Gottweis (WU ViennaVienna University of Economics and Business), Victoria Hünewaldt (University of Siena), Samuel Jalalian (LMU Munich), and Daniel Rösler (LMU Munich)

Who is Angry? Comparing Moral Outrage Against Excessive Wealth Gap in EU Countries – Joanna Kitsnik (Fondazione Eni Enrico Mattei) and Tanel Vallimäe (Tallinn University)

Taxing Capital: Public Perceptions and Tax Policy Preferences – Patrick Sullivan (Yale University), Paul Marx (University of Bonn) and Fiona Kniaz (Yale University)

Break-out Room 1

R 153

9:00

10:30

Session 4.2: Pathways to Gender Wealth Inequality

Decomposing the Gender Wealth Gap in Late Working Age Based on the Most Relevant Family-Work Life Course Aspects – Carla Rowold (University of Oxford and Max Planck Institute for Demographic Research) and Nicole Kapelle (Trinity College Dublin, Humboldt University of Berlin, and University of Oxford)

Unequal Estate Division for Wealth Perpetuation: Portfolios, Primogeniture, and Patrilineality – Nhat An Trinh (University of Oxford), Daria Tisch (Max Planck Institute for the Study of Societies) and Manuel Schechtl (University of North Carolina at Chapel Hill)

Break-out Room 2

R 205

9:00

10:30

Session 4.3: Intergenerational Mobility

Heterogeneity in Intergenerational Transmission of Housing Inequality: Evidence from Cohort Study in China (1935-2003) – Yuting Li (University of Luxembourg) and Zhuowen Qin (King’s College London)

Wealth Mobility in the United States: Empirical Evidence from the PSID – Christophe Van Langenhove (Vrije Universiteit Brussel)

The Relationship Between Family Wealth and Housing Market Outcomes: Maintained Financial Advantages across Generations – Jia Wang (University of Oslo)

Break-out Room 3

R 210

9:00

10:30

Session 4.4: The German Wealth Elite

Wealth Inequality and Families: A Sociological Perspective on Inequalities in the (Re)Production of Wealth within Rich Families in Germany – Benjamin Neumann (TU Dortmund University) and Marliese Weißmann (Sociological Research Institute Göttingen)

Private Parties: Contours of an Exclusive Ownership Elite – Isabell Stamm (TU Berlin) and Franziska Wiest (Max Planck Institute for the Study of Societies)

Break-out Room 4

R 309

10:30

11:00

Coffee Break

Foyer

S 031

11:00

12:30

Keynote Talk with Lane Kenworthy (University of California San Diego)

Lecture Hall

S 004

12:30

13:30

Lunch Break

Foyer

S 031

13:30

15:00

Session 5.1: Wealth and the Media

How Does Journalism Reflect the Economic Interests of Their Audiences? The US Field of Newspapers from 1981 to 2017 – Alexis von Mirbach (LMU Munich) and Rodney Benson (New York University)

Portrayal of German Immigrants in Terms of Wealth in the U.S. Press between 1848 and 1914 – Kevin Grieves (Whitworth University), Marie Hartmann (University of Bamberg), Carsten Källner (Complexity Science Hub Vienna), Diana Peña Ruiz (National Institute for Scientific Research, and Liane Rothenberger (Catholic University of Eichstätt-Ingolstadt)

Break-out Room 1

R 153

13:30

15:00

Session 5.2: Wealth across the Life-Course

Perceived Wealth Mobility in Europe – Alexi Gugushvili (University of Oslo)

The Stability of Individual Wealth Positions over the Lifespan in Germany, Norway, and Britain – Daniel D. Schnitzlein (Innside Statistics, Leibniz University Hannover and IZA Bonn), Philipp M. Lersch (DIW Berlin/SOEP and Humboldt University of Berlin), Øyvind N. Wiborg (University of Oslo and DIW Berlin/SOEP)

Break-out Room 2

R 205

13:30

15:00

Session 5.3: Wealth Inequality in Education

Homeownership, Asset Poverty, and Children’s Postsecondary Education – Alexander Adames (University of Michigan and Princeton University) and Angela Li (Princeton University)

BAföG’s Blind Spot: Parental Wealth and the Reproduction of Inequality in German Higher Education – Samuel Jalalian (LMU Munich)

Break-out Room 3

R 210

13:30

15:00

Session 5.4: Policies

Experimental Effects of a Matched Savings Account Program on Education Outcomes, Workforce Development, and Time Preferences – Davide Azzolini (FBK-IRVAPP and Urban Institute)

Asset Tests and Household Dissaving: Evidence from Spain's Minimum Income Scheme – Dmitry Petrov (University of Alcalá), Luis Ayala (National University of Distance Education Spain) and Olga Cantó Sánchez (University of Alcalá)

Gendered Patterns in Contributions to Tax-Favoured Savings Accounts in Canada: Evidence from Administrative and Qualitative Data : 2009-2022 – Maude Pugliese (National Institute for Scientific Research) and Julie Landour (University of Paris-Dauphine)

Break-out Room 4

R 309

15:00

15:30

Coffee Break

Foyer

S 031

15:30

17:00

Session 6.1: Perceptions of Wealth and Justice

Subjective Wealth Inequality in Germany: Perceptions and Fairness Evaluations from an Experimental Vignette Survey – Gonzalo Franetovic (University of Turin), Clara Löffler (ISI Munich), Hannah Massenbauer (University of Zurich), Marvin Memmen (Maastricht University), Cristóbal Moya (DIW Berlin) and Laila Schmitt (Institute for Employment Research, IAB)

How Laypeople’s Notions of Wealth Reproduce Inequality: A Cross-Country Comparison – David Schieferdecker (Freie Universität Berlin), Chana Teeger (London School of Economics and Political Science), Angelika Juhász (Freie Universität Berlin), Jonathan Mijs (Boston University), Flavio Carvalhaes (Federal University of Rio de Janeiro), Graziella Moraes Silva (Geneva Graduate Institute), Jeremy Seekings (University of Cape Town), Winnie Arthur (University of Cape Town), Pedro Fandiño (Federal University of Rio de Janeiro) and Susanne Reinhardt (Freie Universität Berlin)

Making Sense of Economic Inequalities through Profiles of Perceived Justice – Cristóbal Moya (DIW Berlin) and Jule Adriaans (University Bielefeld)

Break-out Room 1

R 153

15:30

17:00

Session 6.2: Thematic Mix: New Data

Taxing Which Incomes? Demand for Tax Changes for Capital and Labor Income – Licia Bobzien (University of Potsdam)

Shifting Perceptions among Chilean Elites Following the 2019 Social Uprising – Rafael Carranza (Pontifica Catholic University of Chile)

Break-out Room 2

R 205

15:30

17:00

Session 6.3: Inheritance and Transfers

Intergenerational Wealth Transfers and Gendered Transitions into Entrepreneurship – Agnieszka Althaber (LMU Munich)

Dissecting Intergenerational Transfers: The Inheritance and Gift Gap over Time – Markus Grabka (DIW Berlin), Eva Sierminska (Luxembourg Institute of Socio-Economic Research and Institute of Economics of the Polish Academy of Sciences) and Karan Singhal (University of Luxembourg and Luxembourg Institute of Socio-Economic Research)

Intergenerational Transfers and Housing Inequality Across Europe: A Cross-Sectional Analysis of the Gender and Generations Survey – Gabriela Sepúlveda Vásquez (University College Dublin), Stephan Köppe (University College Dublin) and Rowan Arundel (University of Amsterdam)

Break-out Room 3

R 210

19:00

22:00

Conference Dinner

Hofbräuhaus,

Platz 9, Munich


Saturday, 11 October 2025

Start Time

End Time

Event

Location

9:00

10:30

Building the Future: Introduction to New Data and Hands-on Activities for the Classroom

This session will begin with brief presentations by data experts on new data products (covering the Luxembourg Wealth Study, the Wealth and Mobility Study, the GC Wealth Project, the HFCS+, and the U.S. National Academies' report on wealth, income, and consumption statistics)

  • Piotr Paradowski
  • Franziska Disslbacher
  • Asher Dvir-Djerassi
  • David Johnson

The session will be followed by a panel discussion and Q&A, moderated by Fabian Pfeffer, on some of the tricky conceptual and data challenges lying ahead.

Finally, we will engage in a hands-on activity (and a little contest) to make such data legible and to bring them into the classroom.

Lecture Hall

S 004

10:30

11:00

Coffee Break

Foyer

S 031

11:00

18:00

Excursion to Staffelsee

The group for the excursion will meet at 11:00 by the registration desk, and will depart soon after for the Munich main station. We will take the train to Uffing am Staffelsee at 12:32 (platform 27). When we arrive in Uffing, we will have a short, scenic walk down to the lake and will enjoy a late lunch in a local beer garden. ISI will be sponsoring some light snacks and the first round of drinks. At ca. 16:45, we’ll walk back to the train station, planning to catch the 17:36 train back to Munich. We’ll arrive back at the main station at 18:26.

If you’d like to join but need to leave Uffing earlier or want to stay later, you’re more than welcome to do so. Please note that you’ll most likely have to buy your own return ticket in this case. The train runs once an hour, always at 36 minutes past.

Meeting Point:

Foyer, S 031

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Wi-Fi name: mwn-events

Username: isiwealth

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