Panel on Household Finances 1st Wave

Resource Type
  • von Kalckreuth, Ulf (Deutsche Bundesbank)
  • Schmidt, Tobias (Deutsche Bundesbank)
  • Eisele, Martin (Deutsche Bundesbank)
  • Le Blanc, Julia (Deutsche Bundesbank)
  • Zhu, Junyi (Deutsche Bundesbank)
Other Title
  • PHF (Alternative Title)
Publication Date
Controlled Keywords
  • TheSozWiss:
    • demographic situation
    • consumption
    • assets
    • finance
    • credit
    • private economy
    • Intergenerational relations
    • employment
    • pension
    • insurance
    • income
Free Keywords
Real assets and their financing; Other abilities/credit constraints; Private businesses and financial assets; Intergeneration transfers and gifts; Pensions and insurance policies
  • Abstract

    The PHF scientific use file (SUF) Wave 1 Version 4.0 data set is the third updated version of the wave 1 PHF data set and consists of the following five Stata files: PHF_h_wave1_v4_0.dta, PHF_p_wave1_v4_0.dta, PHF_m_wave1_v4_0.dta, PHF_d_wave1_v4_0.dta and PHF_w_wave1_v4_0.dta.

    The major changes in PHF SUF Wave 1 Version 4.0 compared to the previous version PHF SUF Wave 1 Version 3.0 are as follows:

    • Editing and correction of some values.
    • The definition of the derived variables was harmonised and standardised across waves.

    For more details, see the PHF User Guide on website of the Deutsche Bundesbank.

Temporal Coverage
  • 2010-09-14 / 2011-07-15
  • 2010-09-14 / 2011-07-15
    First Wave
Geographic Coverage
  • Germany (DE)
  • Germany (DE)
Sampled Universe

All private households located in Germany except institutional households (in old-age homes, prisons, barracks etc.)


Stratified random sample based on population registers; oversampling of wealthy households

Time Dimension
  • Longitudinal: Panel
  • Longitudinal: Panel
    every three years
Collection Mode
  • Face-to-face interview: CAPI/CAMI
  • Is new version of
    DOI: 10.12757/PHF.01.03.01.stata (Dataset)
  • Julia Le Blanc (Deutsche Bundesbank) (2014): Editing the Panel on Household Finances (PHF). Deutsche Bundesbank

  • Knerr, Petra; Chudziak, Nina; Gilberg, Reiner; Kleudgen, Martin (2013): Methodenbericht. Vermögenssurvey 1. Erhebungswelle 2010/2011. infas

  • von Kalckreuth, Ulf; Eisele, Martin; Le Blanc, Julia; Schmidt, Tobias; Zhu, Junyi (2012): The PHF: a comprehensive panel survey on household finances and wealth in Germany. Deutsche Bundesbank Discussion Paper 13/2012

    • ID: 978-3-86558-816-6 (Print) (ISBN)
    • ID: 978-3–86558–3 (online) (ISBN)
  • The PHF: a survey of household wealth and finances in Germany. Deutsche Bundesbank monthly report Jan 2012

  • Schmidt, T.; Eisele, M. (2013): Oversampling vermögender Haushalte im Rahmen der Studie „Private Haushalte und ihre Finanzen (PHF)“. In: T. Riede, S. Bechtold and N. Ott (ed.), Weiterentwicklung der amtlichen Haushaltsstatistiken, 31-40, Scivero Verlag, Berlin

  • Eisele, Martin; Zhu, Junyi (2013): Multiple imputation in a complex household survey - the German Panel on Household Finances (PHF): challenges and solutions. Deutsche Bundesbank

  • Wealth and finances of private households in Germany. Deutsche Bundesbank monthly report Jun 2013

Update Metadata: 2019-11-20 | Issue Number: 3 | Registration Date: 2019-11-20