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Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … relative attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness …
Persistent link: https://www.econbiz.de/10011414725
-off hypothesis by Krugman that the high unemployment in Europe is just the other side of the medal where increasing wage inequality … contradicting or inconclusive empirical evidence. Increasing wage inequality might bring down unemployment in Europe but will …The origin of increasing income inequality and strategies to influence this unwarranted development has stimulated …
Persistent link: https://www.econbiz.de/10011432623
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … offsets around half of the inequality in lifetime earnings that is due to differences in skill endowments. At the same time …, taxes and transfers mitigate around 60% of the inequality in lifetime earnings that is attributable to employment and health …
Persistent link: https://www.econbiz.de/10011780780
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/10003776611
birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … 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/10003945965
-section data for Germany, this paper analyzes the retirement consumption puzzle for the German case. For our broadest consumption …
Persistent link: https://www.econbiz.de/10009579313
years longer than a woman at the 10th percentile. -- Life expectancy and income ; women ; public pensions ; Germany …
Persistent link: https://www.econbiz.de/10009260329
Micro-econometric intra-cohort profitability analyses of pay-as-you-go (PAYG) pension contributions are rare. We use representative employment histories of a birth cohort of German PAYG pension insurants retiring in year 2005 to econometrically examine the determinants of the profitability of...
Persistent link: https://www.econbiz.de/10009262081
This paper uses administrative data to investigate how a change in pension wealth affects a mother’s employment decision after child birth. I exploit the extension of the child care pension benefit in 1992 as a natural experiment in a regression discontinuity design to estimate short- and...
Persistent link: https://www.econbiz.de/10011311096
undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension …
Persistent link: https://www.econbiz.de/10010362261