Showing 1 - 10 of 18
Projected demographic changes in industrialized and developing countries vary in extent and timing but will reduce the share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity with falling rates of return to capital and increasing...
Persistent link: https://www.econbiz.de/10013085913
Throughout the world, population aging is a major challenge that will continue well into the 21st century. While the …-country overlapping generations model and combine it with long-term demographic projections for several world regions over a 50 year … horizon. Our simulations suggest that capital flows from fast-aging industrial countries (such as Germany and Italy) to the …
Persistent link: https://www.econbiz.de/10013321586
The aim of this paper is to describe for (West) Germany the historical relationship between health and disability on … childhood environment and early retirement by analyzing the retirement behavior of cohorts born during World War I, a period of … harsh living conditions among the civilian population in Germany. Our data show higher early retirement rates among those …
Persistent link: https://www.econbiz.de/10013124658
Riester pensions are voluntary, but heavily subsidized private pension schemes in Germany. They were designed as a …
Persistent link: https://www.econbiz.de/10013107222
The aim of this paper is to illustrate for Germany the factors that may explain the U-shaped pattern of older men …
Persistent link: https://www.econbiz.de/10012942716
decisions in Germany, in particular disability benefit uptake. We show that financial incentives to retire do affect sick …
Persistent link: https://www.econbiz.de/10013059094
In response to the challenges of increasing longevity, an obvious policy response is to gradually increase the statutory eligibility age for public pension benefits and to shut down pathways to early retirement such as special rules for women. This is, however, very unpopular. As an alternative,...
Persistent link: https://www.econbiz.de/10012918708
policy. It takes Germany as an example, but it equally applies to the other large economies in Continental Europe. The paper …
Persistent link: https://www.econbiz.de/10013216487
Incentive effects of pension systems are usually estimated under the assumption that the institutional environment provides a single optimal 'pathway' for retirement. However, many countries provide competing pathways which may include several early retirement options in addition to normal...
Persistent link: https://www.econbiz.de/10013218711
All across Europe, old age labor force participation has declined dramatically during the last decades. This secular trend coincides with population aging. The European social security systems therefore face a double threat: retirees receive pensions for a longer time while there are less...
Persistent link: https://www.econbiz.de/10013219975