Showing 1 - 9 of 9
We model the optimal reaction of a public PAYG pension system to demographic shocks. We compare the ex-ante first best and second best solution of a Ramsey planner with full commitment to the outcome under simple third best rules that mimic the pension systems observed in the real world. The...
Persistent link: https://www.econbiz.de/10003771791
Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in …
Persistent link: https://www.econbiz.de/10009375717
Persistent link: https://www.econbiz.de/10008936919
The present paper aims to quantify the welfare effects of progressive pension arrangements in Germany. Starting from a …
Persistent link: https://www.econbiz.de/10003202854
a cross-country analysis, using tax and pension policy designs in Germany, the US and Australia. These developed nations … homeownership compared to Germany. The question is to what extent the observed differences in homeownership are induced by national …. The model is calibrated to Germany featuring German statutory public pension and dual income tax systems, and then applied …
Persistent link: https://www.econbiz.de/10012602340
quantify the impact of recent pension reforms in Germany. At certain ages households may either apply for disability pensions … hardly any attention in the public pension debate in Germany. Our simulation results indicate that with current eligibility …
Persistent link: https://www.econbiz.de/10013473681
Persistent link: https://www.econbiz.de/10003647217
The present paper quantifies the economic consequences of eliminating the system of income splitting in Germany. We …
Persistent link: https://www.econbiz.de/10009792209
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011444082