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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

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 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

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

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

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

Circular migration : counts of exits and years away from the host country

Constant, Amelie (contributor); … - 2007

panel data from Germany. More than 60% of migrants from the guestworker countries are indeed repeat or circular migrants …. Migrants from European Union member countries, those not owning a dwelling in Germany, the younger and the older (excluding the …

Persistent link: https://www.econbiz.de/10003539350

Individual well-being in a dynamic perspective

D'Ambrosio, Conchita (contributor); … - 2007

This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...

Persistent link: https://www.econbiz.de/10003532960

Revisiting the income-health nexus : the importance of choosing the “right” indicator

Ziebarth, Nicolas R.; Frick, Joachim R. - 2010

We show that the choice of the welfare measure has a substantial impact on the degree of welfare-related health inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration indices. The influence of the welfare measure is more...

Persistent link: https://www.econbiz.de/10003941754

The impact of immigration on the well-being of natives

Akay, Alpaslan; Constant, Amelie; Giulietti, Corrado - 2012

This paper examines the effect of immigration directly on the overall utility of natives. To the best of our knowledge, this is the first paper to explore such nexus. Combining information from the German Socio-Economic Panel dataset with detailed local labour market characteristics for the...

Persistent link: https://www.econbiz.de/10009548724