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Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in employment. An important at‐risk group comprises employees who have worked in demanding jobs for many years. This group may be particularly negatively affected by the abolition of...
Persistent link: https://www.econbiz.de/10012671878
, necessary adjustments of pay-as-you-go pension systems to an ageing society affect aggregate savings. Taking Germany as an … data projections for OECD countries. It shows that demographic change in Germany is an important determinant of the current …
Persistent link: https://www.econbiz.de/10012406006
pensionreforms led to an increase in the household savings rate in Germany until about2010. As domestic investment opportunities …. After 2010, private savings remained rather stable, but opportunities to investin Germany declined further. Our simulations …
Persistent link: https://www.econbiz.de/10012256500
In a three-region New Keynesian life-cycle model calibrated to Germany, the Euro area (without Germany) and the rest of … unsynchronized demographic trends by taking those of Germany as given and assuming constant population everywhere else, we are able …
Persistent link: https://www.econbiz.de/10012101176
This paper presents long term projections of the German pension system that are based on a general equilibrium model with overlapping generations (OLG). This framework takes into account the two way feedback of both micro and macroeconomic relationships, meaning that households, for example,...
Persistent link: https://www.econbiz.de/10012197894
Like many other countries, Germany has experienced rapid population and workforce ageing, yet with substantial …
Persistent link: https://www.econbiz.de/10012314983
Using a Mincer-type wage function, we estimate cohort effects in the returns to education for West German workers born between 1925 and 1974. The main problem to be tackled in the specification is to separately identify cohort, experience, and possibly also age effects in the returns. For women,...
Persistent link: https://www.econbiz.de/10013428293
Using a survey with 57 German firms, we evaluate the level of digitalization of the human resource management (HRM) function and document perceived benefits and barriers of technology adoption from organizational and individual users’ perspectives. The results give reason for optimism. Most of...
Persistent link: https://www.econbiz.de/10014476822
law existing in Germany, especially in the field of wage determination. In this paper the impact of existing labor … agreements on incentive systems in Germany is analyzed. It shows, that the centralized and dense web of regulations within the …
Persistent link: https://www.econbiz.de/10013428402
Persistent link: https://www.econbiz.de/10013428539