Narrow search
Showing 1 - 10 of 96
Cover Image
One pillar crumbling, the others too short : old-age provision in Germany
Werding, Martin - In: National Institute economic review 237 (2016), pp. 13-21
Persistent link: https://www.econbiz.de/10011694200
Cover Image
Liquidity in Retirement Savings Systems : An International Comparison
Beshears, John - 2015
What is the socially optimal level of liquidity in a retirement savings system? Liquid retirement savings are desirable because liquidity enables agents to flexibly respond to pre-retirement events that raise the marginal utility of consumption. On the other hand, pre-retirement liquidity is...
Persistent link: https://www.econbiz.de/10013022597
Cover Image
Propagation and Smoothing of Shocks in Alternative Social Security Systems
Auerbach, Alan J. - 2013
Even with well-developed capital markets, there is no private market mechanism for trading between current and future generations, so a potential role for public old-age pension systems is to spread economic and demographic shocks among different generations. This paper evaluates the smoothing...
Persistent link: https://www.econbiz.de/10013080219
Cover Image
The Changing Role of Government in Financing Health Care : An International Perspective
Stabile, Mark - 2013
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10013075869
Cover Image
Sources of Funds and Investment Activities of Venture Capital Funds : Evidence from Germany, Israel, Japan and the UK
Mayer, Colin - 2014
We compare sources of funds and investment activities of venture capital (VC) funds in Germany, Israel, Japan and the … particularly important in Germany, corporations in Israel, insurance companies in Japan, and pension funds in the UK. VC investment … countries; for example, bank backed VC funds in Germany and Japan are as involved in early stage finance as other funds in these …
Persistent link: https://www.econbiz.de/10012752733
Cover Image
Linking retirement age to life expectancy in a Bismarckian system : the case of Germany
Vogt, Valentin; Althammer, Jörg - In: National Institute economic review 237 (2016), pp. 22-29
Persistent link: https://www.econbiz.de/10011694202
Cover Image
Disability, Pension Reform and Early Retirement in Germany
Börsch-Supan, Axel H. - 2011
The aim of this paper is to describe for (West) Germany the historical relationship between health and disability on the one hand and old-age labor force participation or early retirement on the other hand. We explore how both are linked with various pension reforms. To put the historical...
Persistent link: https://www.econbiz.de/10013124658
Cover Image
The German Public Pension System : How it Was, How it Will Be
Börsch-Supan, Axel H.; Wilke, Christina B. - 2021
Germany still has a very generous public pay-as-you-go pension system. It is characterized by early effective retirement ages and very high effective replacement rates. Most workers receive virtually all of their retirement income from this public retirement insurance. Costs are almost 12...
Persistent link: https://www.econbiz.de/10013235300
Cover Image
When Will the Germans Get Trapped in Their Pension System?
Sinn, Hans-Werner; Uebelmesser, Silke - 2021
The upcoming demographic crisis in Germany demands fundamental reforms of the pension system. In a democracy, reforms are, however, only feasible when they are supported by the majority of the electorate. To determine whether the majority is in favor of reforms of the pension system, we...
Persistent link: https://www.econbiz.de/10013236798
Cover Image
Pension Reform in Germany : The Impact on Retirement Decisions
Börsch-Supan, Axel H.; Berkel, Barbara - 2021
The financing problems beleaguering the public pension system have again shifted the spotlight onto the retirement age. This paper examines the impact of various reform options on the actual retirement choices of older workers. The paper focuses in particular on the long-term implications of the...
Persistent link: https://www.econbiz.de/10013249133