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market frictions and the German tax and benefit system. We find that in the absence of Germany's public long-term insurance …
Persistent link: https://www.econbiz.de/10014356711
This paper shows the effects on a pay-as-you-go pension system of the demographic change in the standard overlapping generations model. Firstly, we consider a setting with exogenous fertility and then a model with endogenous fertility. In both cases, population ageing due to increased longevity...
Persistent link: https://www.econbiz.de/10013087869
In this paper we consider the effects of population aging on a pay-as-you-go financed defined contributions pension scheme. We show that when retirement decisions are endogenous, aging increases the retirement age and the steady state level of capital. The effect on pension payouts is in general...
Persistent link: https://www.econbiz.de/10012989833
Elderly have been increasingly targeted as a group to enhance economic development and the tax base in communities. While recent literature on elderly migration tends to focus on how elderly migration patterns are influenced by state fiscal variables, the reverse effect from elderly population...
Persistent link: https://www.econbiz.de/10013159657
This paper analyses the age dimension of changes in the task composition of jobs in 12 European countries between 1998 and 2014. We use the approach proposed by Autor et al. (2003) and Acemoglu & Autor (2011), and combine O*NET occupation content data with EU-LFS individual data to construct...
Persistent link: https://www.econbiz.de/10012957477
In Germany, long-term care is an important issue due to an aging population and shrinking social networks that result … Germany. Long-term care insurance funds are generally linked to health insurance funds. The benefits are financed by virtue of … transition to a sustainable long-term care insurance in Germany …
Persistent link: https://www.econbiz.de/10013317348
A lack of cultural integration is often blamed for hindering immigrant families' economic progression. This paper is a first attempt to explore whether immigrant parents' ethnic identity affects the next generation's human capital accumulation in the host country. Empirical results based on data...
Persistent link: https://www.econbiz.de/10013117822
West Germany. The empirical results suggest that even a quarter of a century after displacement, first generation migrants …
Persistent link: https://www.econbiz.de/10013122112
correlations of cognitive skills in Germany are roughly the same or slightly stronger than those found by previous studies for … Germany seem to be considerably higher than the ones found for the U.S. Hence, skill transmission does not seem to be able to …
Persistent link: https://www.econbiz.de/10013123917
There are strong two-way links between parent and child happiness (life satisfaction), even for 'children' who have grown up, moved to their own home and partnered themselves. German panel evidence shows that transmission of (un)happiness from parents to children is partly due to transmission of...
Persistent link: https://www.econbiz.de/10013098823