Showing 1 - 10 of 10
evidence for a significant gender wealth gap of about 30,000 euros in Germany, which amounts to almost 50,000 euros for married … partners. Decomposition analyses reveal that this gap is mostly driven by differences in characteristics between men and women … women transform their characteristics into wealth. -- Wealth gap ; wealth inequality ; gender ; SOEP …
Persistent link: https://www.econbiz.de/10003729420
We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario with defined contribution schemes (funded or notional)....
Persistent link: https://www.econbiz.de/10011821425
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features within cohort heterogeneity of endowments and heterogeneity of preferences. We allow for population aging and gradual decline in TFP growth. We show four main results. First,...
Persistent link: https://www.econbiz.de/10011876189
We analyze the political stability of funded social security. Using a stylized theoretical framework we study the mechanisms behind governments capturing social security assets in order to lower current taxes. The results and the driving mechanisms carry over to a fully-fledged and carefully...
Persistent link: https://www.econbiz.de/10012648353
We study the interactions between capital income tax and social security privatization in the context of rising longevity. In an economy with idiosyncratic income shocks, redistributive defined benefit social security provides some insurance against income uncertainty. This insurance comes at...
Persistent link: https://www.econbiz.de/10012653219
eligibility determinations difficult. In Germany, by contrast, eligibility for the main cash transfer program, Sozialhilfe (Social … test whether immigrants to Germany are more likely than natives to claim welfare benefits for which they are eligible. We …
Persistent link: https://www.econbiz.de/10011313945
This paper deals with the economic performance of various population groups in Germany giving special attention to … subsidized by the re-distribution process rapidly and strongly decreases with progressing duration of stay in Germany. On the …
Persistent link: https://www.econbiz.de/10011325994
This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i.e. the gaps between the individual's income and the...
Persistent link: https://www.econbiz.de/10002456275
We show that the choice of the welfare measure has a substantial impact on the degree of welfare-related health inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration indices. The influence of the welfare measure is more...
Persistent link: https://www.econbiz.de/10003941754
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10003532960