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In several OECD countries, public pay-as-you-go financed pension systems have undergone major reforms in which future retirement benefit promises have been scaled down. A consequence of these reforms is that especially in countries with a tight tax-benefit linkage, the retirement benefit claims...
Persistent link: https://www.econbiz.de/10010265026
In this paper we identify a number of objectionable features of the German retirement benefit formula. We show that groups of insureds with higher than average life expectancy, in particular high-income groups, are subsidized by the rest of the membership because the formula neglects differences...
Persistent link: https://www.econbiz.de/10010260652
The empirical relationship between income and longevity has been addressed by a large number of studies, but most were confined to men. In particular, administrative data from public pension systems are less reliable for women because of the loose relationship between own earnings and household...
Persistent link: https://www.econbiz.de/10010285738
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with …
Persistent link: https://www.econbiz.de/10011294803
We report results of a survey of a representative sample of the German population in which respondents were asked for their willingness-to-pay (WTP) for either an extension of their life or an improvement in their health corresponding to a gain of one quality-adjusted life year (QALY). While one...
Persistent link: https://www.econbiz.de/10010368309
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our …
Persistent link: https://www.econbiz.de/10010435309
Germany experienced a unique rise in the level of self-employment in the first two decades following unification … employees and the overall level of self-employment in West Germany, their explanatory power is much lower for the stronger … increase of solo self-employment and of self-employment in former socialist East Germany. …
Persistent link: https://www.econbiz.de/10010481527
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …
Persistent link: https://www.econbiz.de/10010287328
satisfaction and exposure to risk of dying. Application of the test using two sets of survey data from Germany and Australia … Deutschland und Australien ergibt keine Bestätigung für den von Pratt und Zeckhauser behaupteten Effekt. …
Persistent link: https://www.econbiz.de/10010324222
Using micro-level panel data of about 35,000 firms from the German Cost Structure Census, we analyze the differences of technical efficiency across industries. Technical efficiency is estimated by firms? fixed effects. One striking result is that the distribution of technical efficiency across...
Persistent link: https://www.econbiz.de/10010324228