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As one possible solution to the well-known financing crisis of unfunded social security systems, an increase in the retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between retirement age and benefit level. The present paper is...
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-being in Germany and the US in 2007 as well as for the US over the period 1989-2007. We find distinct country differences with … the country ranking depending on the measure. While in Germany wealth predominantly contributes to the intensity of …
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by comparing Germany and the US based on harmonized micro data. We find significant and robust differences between lower …
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This paper analyzes savings and asset holdings of immigrants in relation to their return plans. We argue that savings and asset accumulation may be affected by return plans of immigrants. Further, the way savings and assets are held in the home- and host country may also be related to future...
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Germany over a 10 years period. We find that, while factor price adjustments are important in the non-tradable sector, labor …
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