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, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient …In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension … moderate economic conditions. However, the new private pension plans provide scope for further downsizing state pensions …
Persistent link: https://www.econbiz.de/10001623733
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Using standard as well as recently developed univariate and bivariate count data models, this paper analyzes the determinants of workplace accidents using a firm data set for Germany. Given the tight system of public workplace safety regulation, introduced partly as early as in 1869, and the...
Persistent link: https://www.econbiz.de/10000995785
If migrants return to their origin countries, two questions arise which are of immediate economic interest for both immigration and emigration country: What determines their optimal migration duration, and what are the activities migrants choose after a return. Little research has been devoted...
Persistent link: https://www.econbiz.de/10001589502
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We consider both a parametric and a semiparametric method to account for classification errors on the dependent variable in an ordered response model. The methods are applied to the analysis of self-reported speaking fluency of male immigrants in Germany. We find that a parametric model which...
Persistent link: https://www.econbiz.de/10013268747
In recent years a number of panel estimators have been suggested for sample selection models, where both the selection equation and the equation of interest contain individual effects which are correlated with the explanatory variables. We review and compare some of these estimators, and apply...
Persistent link: https://www.econbiz.de/10001502478
Persistently high unemployment, tight government budgets and the growing scepticism regarding the effects of active labour market policies (ALMP) are the basis for a growing interest in evaluating these measures. This paper intends to explain the need for evaluation on the micro- and...
Persistent link: https://www.econbiz.de/10001573336
The paper studies the determinants of labor force participation by East German women after unification. To isolate the role of preferences on labor force participation from individual characteristics, we develop a panel data model that simultaneously explains participation, employment and wages....
Persistent link: https://www.econbiz.de/10001663195
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