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"Should I Pay for You or for Myself"? The Optimal Level and Composition of Retirement Benefit Systems
van Praag, Bernard M. S.; Cardoso, Pedro - 2001
Feldstein [1985] posed the questions of what would be the optimal level of retirement benefit, and what would be the optimal mix between the pay-as-you-go system and the funded pension system under the assumption of an exogenous interest rate. We reconsider the problem with the addition of a...
Persistent link: https://www.econbiz.de/10010276956
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Addressing the legacy costs in an NDC reform: Conceptualization, measurement, financing
Holzmann, Robert; Jousten, Alain - 2010
The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be addressed in a reform that transforms an unfunded defined contribution (NDB) scheme into a notional (or non-financial) defined contribution (NDC) scheme. As the new contribution...
Persistent link: https://www.econbiz.de/10010278557
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Shifting Perspectives in Pensions
Góra, Marek; Palmer, Edward - 2004
This paper addresses the questions of what is an economically efficient pension system, what are the externalities and what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non-financial defined contribution (NDC), financial defined benefit...
Persistent link: https://www.econbiz.de/10010262119
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Career progression and formal versus on-the-job training
Adda, Jérôme; Dustmann, Christian; Meghir, Costas; … - 2006
Tax Credit in Germany, and the other is a reform to Unemployment Insurance. In both reforms we find very significant …
Persistent link: https://www.econbiz.de/10010268053
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Why Funding is not a Solution to the "Social Security Crisis"
Breyer, Friedrich - 2001
It is now a commonplace that the unfunded public pension systems of many OECD countries will run into severe financing problems in the coming decades due to a dramatically increasing pensioner/worker ratio. While this diagnosis is completely undisputed, there is still a vigorous debate on the...
Persistent link: https://www.econbiz.de/10010262534
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Economic and Social Perspectives of Immigrant Children in Germany
Frick, Joachim R.; Wagner, Gert G. - 2001
Overall, children in Germany live in households with below average incomes; therefore social policies that address the … vulnerable position of Germany?s children are necessary. These policies should cover targeted financial transfers as well as … improvements in day care provision for children. With respect to selected non-monetary as well as monetary indicators our empirical …
Persistent link: https://www.econbiz.de/10010262507
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Children of war: the long-run effects of large-scale physical destruction and warfare on children
Akbulut-Yuksel, Mevlude - 2009
large-scale physical destruction on the educational attainment, health status and labor market outcomes of German children …. I combine a unique dataset on city-level destruction in Germany caused by Allied Air Forces bombing during WWII with … school-age during WWII. First, these children had 0.4 fewer years of schooling on average in adulthood, with those in the …
Persistent link: https://www.econbiz.de/10010269392
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From shame to game in one hundred years: an economic model of the rise in premarital sex and its de-stigmatization
Fernández-Villaverde, Jesús; Greenwood, Jeremy; … - 2010
Societies socialize children about many things, including sex. Socialization is costly. It uses scarce resources, such …
Persistent link: https://www.econbiz.de/10010269515
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Frühverrentung in Deutschland: Ökonomische Anreize und institutionelle Strukturen
Arnds, Pascal; Bonin, Holger - 2003
Das durchschnittliche Rentenzugangsalter in Deutschland liegt erheblich unter der gesetzlichen Regelaltersgrenze … labor market policies and Social Security institutions. We explain the various pathways to retirement existing in Germany …
Persistent link: https://www.econbiz.de/10010262235
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Will it Last? An Assessment of the 2001 German Pension Reform
Bonin, Holger - 2001
In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension …
Persistent link: https://www.econbiz.de/10010262550