Showing 1 - 10 of 153
increasing life expectancy. The model shows that the resulting increase in employment would also bolster social security …
Persistent link: https://www.econbiz.de/10012197894
The currently observed demographic change consists of two independent develop-ments that differ in structure and persistence: (1) A slow, monotonic and (presum-ably) permanent ageing effect caused by an increasing life expectancy; (2) a morerapidly changing, non-monotonic and less permanent...
Persistent link: https://www.econbiz.de/10012313783
In aging societies, information on how to reform pension systems is essential to policy makers. This study scrutinizes effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ administrative pension data and a detailed model of...
Persistent link: https://www.econbiz.de/10011440834
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10014476768
disability benefits on employment, earnings, labor market transitions, and mortality outcomes using administrative data on the … the employment and earnings of DI recipients due to the increased benefits. However, we find a sizable effect of the …
Persistent link: https://www.econbiz.de/10015074619
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension … insurance and find that, on average, the negative employment effect of pension wealth is significant and economically important …
Persistent link: https://www.econbiz.de/10014088379
We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across … which accounts for cohort effects in individual employment and unemployment and earnings over the lifecycle as well as the … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future …
Persistent link: https://www.econbiz.de/10003962861
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper examines the...
Persistent link: https://www.econbiz.de/10010362934
Persistent link: https://www.econbiz.de/10012606137
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort-specific pension reform for women using two complementary empirical approaches - a Regression Discontinuity Design and a Difference-in-Differences approach. The analysis is based on...
Persistent link: https://www.econbiz.de/10013191363