Showing 1 - 10 of 291
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find a firm basis for an empirical treatment of this question, we employ a novel approach to assessing an adequate replacement rate vis- a-vis income in the pre-retirement period. We...
Persistent link: https://www.econbiz.de/10009766250
We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions such as those around retirement should not affect consumption. However, we first recall that given higher leisure endowments after retirement, the theory does predict a fall of...
Persistent link: https://www.econbiz.de/10011485846
In order to encourage people to take out voluntary private pensions to supplement decreasing statutory provisions … Germany introduced the so-called Riester pensions. The complex design of the new product might have created entry barriers … evidence has not properly taken into account the search and decision costs related to Riester pensions. I use information on …
Persistent link: https://www.econbiz.de/10009578791
the consumption level of all households who are perceived to be richer, on household savings and consumption. When …
Persistent link: https://www.econbiz.de/10010190171
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account employment characteristics of women and men, we are able and identify the extent to which the redistributive effect of pension rights reduces the gap. The empirical basis of this...
Persistent link: https://www.econbiz.de/10012587610
Unemployment causes significant losses in the quality of life. In addition to reducing individual income, it also creates non-pecuniary, psychological costs. We quantify these non-pecuniary losses by using the life satisfaction approach. In contrast to previous studies, we apply Friedman's...
Persistent link: https://www.econbiz.de/10011630069
We estimate average causal effects of early-life hunger on late-life health by applying instrumental variable estimation, using data with self-reported periods of hunger earlier in life, with famines as instruments. The data contain samples from European countries and include birth cohorts...
Persistent link: https://www.econbiz.de/10010462244
We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across … pensions across cohorts taking into account changing demographics and recent pension reforms. Simulations show that pension …
Persistent link: https://www.econbiz.de/10008824262
In this paper, we decompose body mass index (BMI) differences between Turkish immigrants and Germans in West Germany for women and men. We focus on isolating the part of BMI differences that can be explained by differences in observed socioeconomic status from the part attributable to...
Persistent link: https://www.econbiz.de/10011376884
This paper uses Hierarchical Bayes Models to model and estimate spatial health effects in Germany. We combine rich individual-level household panel data from the German SOEP with administrative county-level data to estimate spatial county-level health dependencies. As dependent variable we use...
Persistent link: https://www.econbiz.de/10010241623