Philipp Wimmer
@philflation.bsky.social
He/Him
Research Assistant @ihs.ac.at & @ineq-wu.bsky.social | Master economics @wuvienna.bsky.social | Former intern @oenb.at, Research Section, HFCS | Inequality, Wealth Distribution.
Research Assistant @ihs.ac.at & @ineq-wu.bsky.social | Master economics @wuvienna.bsky.social | Former intern @oenb.at, Research Section, HFCS | Inequality, Wealth Distribution.
This semester, I have again the honour of hosting an R-tutorial for anyone interested in the basics and some advanced codes. @wuvienna.bsky.social
May 27, 2025 at 11:50 AM
This semester, I have again the honour of hosting an R-tutorial for anyone interested in the basics and some advanced codes. @wuvienna.bsky.social
Today I had another opportunity to present my Master's thesis at the @arbeiterkammer.bsky.social in Lower Austria and received some enlightening comments! Thank you very much for the invitation!
Results are pinned in my profile.
Results are pinned in my profile.
January 7, 2025 at 1:13 PM
Today I had another opportunity to present my Master's thesis at the @arbeiterkammer.bsky.social in Lower Austria and received some enlightening comments! Thank you very much for the invitation!
Results are pinned in my profile.
Results are pinned in my profile.
This semester I have the honour of hosting an R-tutorial for anyone interested in the basics and some advanced codes.
Next sessions: @wuvienna.bsky.social
3.12. TC 5.15
10.12. TC 4.12
17.12. D3.0.233
Next sessions: @wuvienna.bsky.social
3.12. TC 5.15
10.12. TC 4.12
17.12. D3.0.233
November 26, 2024 at 8:04 PM
This semester I have the honour of hosting an R-tutorial for anyone interested in the basics and some advanced codes.
Next sessions: @wuvienna.bsky.social
3.12. TC 5.15
10.12. TC 4.12
17.12. D3.0.233
Next sessions: @wuvienna.bsky.social
3.12. TC 5.15
10.12. TC 4.12
17.12. D3.0.233
Finally, I would like to use my main contributions to supplement the existing literature and draw important conclusions. 🧵15/.
November 25, 2024 at 10:46 AM
Finally, I would like to use my main contributions to supplement the existing literature and draw important conclusions. 🧵15/.
After 2008: Dummy:transfer after 2008=1.
Transfer before the transaction: if yes=1. With an odds ratio of 0.6, a market transaction after 08 is 40% less likely than before. However, the receipt of intergen. transfers before the transaction increases the probability by 100% (2.0).🧵13/
Transfer before the transaction: if yes=1. With an odds ratio of 0.6, a market transaction after 08 is 40% less likely than before. However, the receipt of intergen. transfers before the transaction increases the probability by 100% (2.0).🧵13/
November 25, 2024 at 10:46 AM
After 2008: Dummy:transfer after 2008=1.
Transfer before the transaction: if yes=1. With an odds ratio of 0.6, a market transaction after 08 is 40% less likely than before. However, the receipt of intergen. transfers before the transaction increases the probability by 100% (2.0).🧵13/
Transfer before the transaction: if yes=1. With an odds ratio of 0.6, a market transaction after 08 is 40% less likely than before. However, the receipt of intergen. transfers before the transaction increases the probability by 100% (2.0).🧵13/
I analyse the probability of buying/building HMR, but taking into account the time component and whether these households received other intergenerational transfers besides HMR before the year of the transaction. Dependent variable: Receiving market transaction= 1, if not=0. 🧵12/.
November 25, 2024 at 10:46 AM
I analyse the probability of buying/building HMR, but taking into account the time component and whether these households received other intergenerational transfers besides HMR before the year of the transaction. Dependent variable: Receiving market transaction= 1, if not=0. 🧵12/.
The property valuation at the time of the transaction per square metre (Medin, CPI-adjusted) falls sharply in the short term after the GFC. However, it rises dramatically after 2011.
🧵11/.
🧵11/.
November 25, 2024 at 10:46 AM
The property valuation at the time of the transaction per square metre (Medin, CPI-adjusted) falls sharply in the short term after the GFC. However, it rises dramatically after 2011.
🧵11/.
🧵11/.
If one compares the median net wealth (HMR assets excl.) of HH with market trans with HH receiving HMR by transfers (left figure) or with HH that have no HMR property one can clearly see the difference in wealth levels.
🧵9/.
🧵9/.
November 25, 2024 at 10:46 AM
If one compares the median net wealth (HMR assets excl.) of HH with market trans with HH receiving HMR by transfers (left figure) or with HH that have no HMR property one can clearly see the difference in wealth levels.
🧵9/.
🧵9/.
Looking at the descriptions of the two different household types, the participation rate in a market transaction in the HFCS falls from 19.8 % before 2009 to 4.6 % after 2008. Pre-transaction transfer: all intergenerational transfers except HMR before the transaction.
🧵7/.
🧵7/.
November 25, 2024 at 10:46 AM
Looking at the descriptions of the two different household types, the participation rate in a market transaction in the HFCS falls from 19.8 % before 2009 to 4.6 % after 2008. Pre-transaction transfer: all intergenerational transfers except HMR before the transaction.
🧵7/.
🧵7/.
I wanted to understand how households that had a market transaction differ from those that received HMR through an intergenerational transfer.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.
🧵6/.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.
🧵6/.
November 25, 2024 at 10:46 AM
I wanted to understand how households that had a market transaction differ from those that received HMR through an intergenerational transfer.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.
🧵6/.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.
🧵6/.
- I analyse households that buy/build their property (market transaction) or inherit/receive the household's main residence as a gift (HMR).
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis.
🧵5/.
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis.
🧵5/.
November 25, 2024 at 10:46 AM
- I analyse households that buy/build their property (market transaction) or inherit/receive the household's main residence as a gift (HMR).
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis.
🧵5/.
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis.
🧵5/.
My motivation was a very prominent tweet from the Austrian conservative party. So I asked myself: who are these households that are homeowners, and how likely are they to become homeowners?
But not just homeowners, but above all buyers or builders of property.
🧵4/.
But not just homeowners, but above all buyers or builders of property.
🧵4/.
November 25, 2024 at 10:46 AM
My motivation was a very prominent tweet from the Austrian conservative party. So I asked myself: who are these households that are homeowners, and how likely are they to become homeowners?
But not just homeowners, but above all buyers or builders of property.
🧵4/.
But not just homeowners, but above all buyers or builders of property.
🧵4/.
Finally, I would like to use my main contributions to supplement the existing literature and draw important conclusions. 🧵15/.
November 22, 2024 at 8:37 PM
Finally, I would like to use my main contributions to supplement the existing literature and draw important conclusions. 🧵15/.
I analyse the probability of buying/building HMR, but taking into account the time component and whether these households received other intergenerational transfers besides HMR before the year of the transaction.
Dependent variable: Receiving market transaction= 1, if not=0. 🧵12/.
Dependent variable: Receiving market transaction= 1, if not=0. 🧵12/.
November 22, 2024 at 8:37 PM
I analyse the probability of buying/building HMR, but taking into account the time component and whether these households received other intergenerational transfers besides HMR before the year of the transaction.
Dependent variable: Receiving market transaction= 1, if not=0. 🧵12/.
Dependent variable: Receiving market transaction= 1, if not=0. 🧵12/.
The property valuation at the time of the transaction per square metre (Medin, CPI-adjusted) falls sharply in the short term after the GFC. However, it rises dramatically after 2011. 🧵11/.
November 22, 2024 at 8:37 PM
The property valuation at the time of the transaction per square metre (Medin, CPI-adjusted) falls sharply in the short term after the GFC. However, it rises dramatically after 2011. 🧵11/.
If one compares the median net wealth (HMR assets excl.) of HH with market trans with HH receiving HMR by transfers (left figure) or with HH that have no HMR property one can clearly see the difference in wealth levels. 🧵9/.
November 22, 2024 at 8:37 PM
If one compares the median net wealth (HMR assets excl.) of HH with market trans with HH receiving HMR by transfers (left figure) or with HH that have no HMR property one can clearly see the difference in wealth levels. 🧵9/.
Looking at the descriptions of the two different household types, the participation rate in a market transaction in the HFCS falls from 19.8 % before 2009 to 4.6 % after 2008.
Pre-transaction transfer: all intergenerational transfers except HMR before the transaction. 🧵7/.
Pre-transaction transfer: all intergenerational transfers except HMR before the transaction. 🧵7/.
November 22, 2024 at 8:37 PM
Looking at the descriptions of the two different household types, the participation rate in a market transaction in the HFCS falls from 19.8 % before 2009 to 4.6 % after 2008.
Pre-transaction transfer: all intergenerational transfers except HMR before the transaction. 🧵7/.
Pre-transaction transfer: all intergenerational transfers except HMR before the transaction. 🧵7/.
I wanted to understand how households that had a market transaction differ from those that received HMR through a generational transfer.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.🧵6/.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.🧵6/.
November 22, 2024 at 8:37 PM
I wanted to understand how households that had a market transaction differ from those that received HMR through a generational transfer.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.🧵6/.
It is clear from the figure that the absolute number of market transactions fell sharply after 2008.🧵6/.
- I analyse households that buy/build their property (market transaction) or inherit/receive the household's main residence as a gift (HMR).
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis. 🧵5/.
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis. 🧵5/.
November 22, 2024 at 8:37 PM
- I analyse households that buy/build their property (market transaction) or inherit/receive the household's main residence as a gift (HMR).
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis. 🧵5/.
- In addition, I have added a time component to analyse the transactions before and after the Global Financial Crisis. 🧵5/.
My motivation was a very prominent tweet from the Austrian conservative party. So I asked myself: who are these households that are homeowners, and how likely are they to become homeowners?
But not just homeowners, but above all buyers or builders of property. 🧵4/.
But not just homeowners, but above all buyers or builders of property. 🧵4/.
November 22, 2024 at 8:37 PM
My motivation was a very prominent tweet from the Austrian conservative party. So I asked myself: who are these households that are homeowners, and how likely are they to become homeowners?
But not just homeowners, but above all buyers or builders of property. 🧵4/.
But not just homeowners, but above all buyers or builders of property. 🧵4/.
I had the great opportunity again to present my work at the master's thesis conference
@wuvienna.bsky.social
Some insights -
🧵1/.
@wuvienna.bsky.social
Some insights -
🧵1/.
November 22, 2024 at 8:37 PM
I had the great opportunity again to present my work at the master's thesis conference
@wuvienna.bsky.social
Some insights -
🧵1/.
@wuvienna.bsky.social
Some insights -
🧵1/.