Similar Search Results

Do Retirement Savings Increase in Response to Information About Retirement and Expected Pensions?

Dolls, Mathias - 2018

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …

Persistent link: https://www.econbiz.de/10012925277

Retirement, Pensions, and Ageing

Heijdra, Ben J.; Romp, Ward E. - 2021

We study the effects of demographic shocks and changes in the pension system on the macroeconomic performance of an advanced small open economy. An overlapping-generations model is constructed which includes a realistic description of the mortality process. Individual agents choose their optimal...

Persistent link: https://www.econbiz.de/10013317087

Decomposition of Demographic Effects on the German Pension System

Fenge, Robert - 2018

The paper analyses the impact of demographic developments on the German pension system until the year 2060. The projections are simulated for a range of assumptions on the latest demographic trends and on the labour market and comprise the latest pension legislation. As a central innovation we...

Persistent link: https://www.econbiz.de/10012926557

The Macroeconomic Effects of Longevity Risk Under Private and Public Insurance and Asymmetric Information

Heijdra, Ben J. - 2018

We study the impact of a fully-funded social security system in an economy with heterogeneous consumers. The unobservability of individual health conditions leads to adverse selection in the private annuity market. Introducing social security — which is immune to adverse selection — affects...

Persistent link: https://www.econbiz.de/10012929263

Pension wealth and maternal employment : evidence from a reform of the German child care pension benefit

Thiemann, Andreas - 2015 - Ausgabebezeichnung

This paper uses administrative data to investigate how a change in pension wealth affects a mother’s employment decision after child birth. I exploit the extension of the child care pension benefit in 1992 as a natural experiment in a regression discontinuity design to estimate short- and...

Persistent link: https://www.econbiz.de/10011311096

Unobservable, but unimportant? : the influence of personality traits (and other usually unobserved variables) for the evaluation of labor market policies

Caliendo, Marco; Mahlstedt, Robert; Mitnik, Oscar A. - 2014

Many commonly used treatment effects estimators rely on the unconfoundedness assumption ("selection on observables") which is fundamentally non-testable. When evaluating the effects of labor market policies, researchers need to observe variables that affect both treatment participation and labor...

Persistent link: https://www.econbiz.de/10010400598

Incentive Schemes for Local Government : Theory and Evidence from Comprehensive Performance Assessment in England

Lockwood, Ben - 2011

This paper studies Comprehensive Performance Assessment, an explicit incentive scheme for local government in England. Motivated by a simple theoretical political agency model, we predict that CPA should increase service quality and local taxation, but have an ambiguous effect on the efficiency...

Persistent link: https://www.econbiz.de/10013124097

Policy evaluation of waste pricing programs using heterogeneous causal effect estimation

Valente, Marica - 2021

social cost savings for each municipality. Social welfare effects are positive for all municipalities after three years of …

Persistent link: https://www.econbiz.de/10012671782

Evaluating Nationwide Health Interventions When Standard Before-After Doesn't Work : Malawi's ITN Distribution Program

Deuchert, Eva - 2010

Nationwide health interventions are difficult to evaluate as contemporaneous control groups do not exist and before-after approaches are usually infeasible. We propose an alternative semi-parametric estimator that is based on the assumption that the intervention has no direct effect on the...

Persistent link: https://www.econbiz.de/10013144025

Building the minimum wage : Germany's first sectoral minimum wage and its impact on wages in the construction industry

Rattenhuber, Pia - 2011

The very first minimum wage in Germany was introduced in 1997 for blue-collar workers in sub-sectors of the construction industry. In the setting of a natural experiment blue-collar workers in neighboring 4-digit-industries and white-collar workers are used as control groups for...

Persistent link: https://www.econbiz.de/10009347963