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Examining the gender wealth gap in Germany

Sierminska, Eva (contributor); Frick, Joachim R. (contributor) - 2008

evidence for a significant gender wealth gap of about 30,000 euros in Germany, which amounts to almost 50,000 euros for married … partners. Decomposition analyses reveal that this gap is mostly driven by differences in characteristics between men and women … women transform their characteristics into wealth. -- Wealth gap ; wealth inequality ; gender ; SOEP …

Persistent link: https://www.econbiz.de/10003729420

On welfare effects of increasing retirement age

Makarski, Krzysztof; Tyrowicz, Joanna - 2018

We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario with defined contribution schemes (funded or notional)....

Persistent link: https://www.econbiz.de/10011821425

Inequality in an OLG economy with heterogeneous cohorts and pension systems

Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - 2018

We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features within cohort heterogeneity of endowments and heterogeneity of preferences. We allow for population aging and gradual decline in TFP growth. We show four main results. First,...

Persistent link: https://www.econbiz.de/10011876189

The political (in)stability of funded social security

Beetsma, Roel; Komada, Oliwia; Makarski, Krzysztof; … - 2021

We analyze the political stability of funded social security. Using a stylized theoretical framework we study the mechanisms behind governments capturing social security assets in order to lower current taxes. The results and the driving mechanisms carry over to a fully-fledged and carefully...

Persistent link: https://www.econbiz.de/10012648353

Efficiency versus insurance: capital income taxation and privatizing social security

Makarski, Krzysztof; Tyrowicz, Joanna; Komada, Oliwia - 2021

We study the interactions between capital income tax and social security privatization in the context of rising longevity. In an economy with idiosyncratic income shocks, redistributive defined benefit social security provides some insurance against income uncertainty. This insurance comes at...

Persistent link: https://www.econbiz.de/10012653219

The Political (In)stability of Funded Pension Systems

Beetsma, Roel; Komada, Oliwia; Makarski, Krzysztof; … - 2020

We analyze the political stability of capital funded social security. In particular, using a stylized theoretical framework we study the mechanisms behind governments capturing pension assets in order to lower current taxes. This is followed by an analysis of the analogous mechanisms in a...

Persistent link: https://www.econbiz.de/10014048872

Does the estimation of the propensity score by machine learning improve matching estimation? : the case of Germany's programmes for long term unemployed

Goller, Daniel; Lechner, Michael; Moczall, Andreas; … - 2019

Matching-type estimators using the propensity score are the major workhorse in active labour market policy evaluation. This work investigates if machine learning algorithms for estimating the propensity score lead to more credible estimation of average treatment effects on the treated using a...

Persistent link: https://www.econbiz.de/10012060603

Mozart or Pelé? : the effects of teenagers' participation in music and sports

Cabane, Charlotte; Hille, Adrian; Lechner, Michael - 2015

Using data from the German Socio-Economic Panel, this paper analyses the effects of spending part of adolescents' leisure time on playing music or doing sports, or both. We find that while playing music fosters educational outcomes compared to doing sports, particularly so for girls and children...

Persistent link: https://www.econbiz.de/10010510696

The immigrant welfare effect : take-up or eligibility?

Castronova, Edward; Kayser, Hilke; Frick, Joachim R.; … - 1999

eligibility determinations difficult. In Germany, by contrast, eligibility for the main cash transfer program, Sozialhilfe (Social … test whether immigrants to Germany are more likely than natives to claim welfare benefits for which they are eligible. We …

Persistent link: https://www.econbiz.de/10011313945

The income portfolio of immigrants in Germany : effects of ethnic origin and assimilation or: who gains from income re-distribution?

Frick, Joachim R.; Büchel, Felix - 2000

This paper deals with the economic performance of various population groups in Germany giving special attention to … subsidized by the re-distribution process rapidly and strongly decreases with progressing duration of stay in Germany. On the …

Persistent link: https://www.econbiz.de/10011325994