This study provides the first absolute income mobility estimates for postwar Germany. Using various micro data sources, we uncover a steep decline in absolute mobility rates from 81 percent to 59 percent for children's birth cohorts 1962 through 1988. This trend is robust across different ages,...

We examine patterns of earnings volatility for male employees who are subject to statutory social security contributions in West Germany over the period 1986 - 2005. For this purpose, we analyse individual records covering highly reliable earnings biographies provided by the German Social...

This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...

This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...

This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings...

In aging societies, information on how to reform pension systems is essential to policy makers. This study scrutinizes effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ administrative pension data and a detailed model of...

In aging societies, information on how to reform pension systems is essential to policy makers. This study scrutinizes effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ administrative pension data and a detailed model of...

Die Einkommens- und Vermögensverteilung in Deutschland wird ganz unterschiedlich beurteilt. Je nachdem, welche Indikatoren, welche Stichprobe, welche Datenbasis oder welcher Messzeitpunkt betrachtet werden, kommt es zu einer zunehmenden, stabilen oder abnehmenden Ungleichheit. Die...

Einkommensungleichheit wird zumeist im Hinblick auf ihre aktuelle Entwicklung betrachtet. Eine längerfristige Perspektive bietet die Möglichkeit, die Einkommenssituation der heutigen Generation mit der ihrer Elterngeneration zu vergleichen. Mithilfe eines neuartigen Datensatzes wird hier...

Die Alterung der deutschen Gesellschaft setzt das Rentensystem unter erheblichen Reformdruck. Simulationen für westdeutsche langjährig versicherte Männer zeigen, dass Anreize für einen späteren Renteneintritt das Rentensystem stabilisieren können. Die Einkommensverluste sind dabei geringer...