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hypothesis using micro data for Germany (SOEP) and find that income reductions when entering retirement have a negative effect on … the subgroup of non-home owners (60% in Germany), the effect is quantitatively small, which explains the ambiguity of …
Persistent link: https://www.econbiz.de/10008827012
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10013428413
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