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Redistribution and Insurance in the German Welfare State
Bartels, Charlotte - 2011
Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring … 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter- and intra …-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger annually …
Persistent link: https://www.econbiz.de/10011601061
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Redistribution and Insurance in the German Welfare State
Bartels, Charlotte - Forschungsbasierte Infrastruktureinrichtung … - 2011
Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring … 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter- and intra …-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger annually …
Persistent link: https://www.econbiz.de/10009399838
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Older or Wealthier? The Impact of Age Adjustments on the Wealth Inequality Ranking of Countries
Almas, Ingvild; Mogstady, Magne - 2009
Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this … in cross-sections, which eliminates transitory wealth inequality due to age, yet preserves inequality arising from other … yield erroneous wealth inequality rankings of countries. …
Persistent link: https://www.econbiz.de/10011600825
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Older or Wealthier?: The Impact of Age Adjustments on the Wealth Inequality Ranking of Countries
Almas, Ingvild; Mogstady, Magne - Forschungsbasierte Infrastruktureinrichtung … - 2009
Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this … in cross-sections, which eliminates transitory wealth inequality due to age, yet preserves inequality arising from other … yield erroneous wealth inequality rankings of countries. …
Persistent link: https://www.econbiz.de/10005017433
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Inequality of opportunity in wealth: Levels, trends, and drivers
Graeber, Daniel; Hilbert, Viola; König, Johannes - 2023
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … and for a detailed decomposition of net wealth inequality into a variety of circumstances; among them childhood background … that about 62% of the inequality in net wealth is due to circumstances. The most important circumstances are …
Persistent link: https://www.econbiz.de/10014374802
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Public Pensions, Changing Employment Patterns, and the Impact of Pension Reforms across Birth Cohorts: A Microsimulation Analysis for Germany
Geyer, Johannes; Steiner, Viktor - 2010
We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced...
Persistent link: https://www.econbiz.de/10011600919
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Public Pensions, Changing Employment Patterns, and the Impact of Pension Reforms across Birth Cohorts: A Microsimulation Analysis for Germany
Geyer, Johannes; Steiner, Viktor - Forschungsbasierte Infrastruktureinrichtung … - 2010
We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced...
Persistent link: https://www.econbiz.de/10008519442
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Longevity, Life-Cycle Behavior and Pension Reform
Haan, Peter; Prowse, Victoria - 2011
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...
Persistent link: https://www.econbiz.de/10011601038
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Longevity, Life-Cycle Behavior and Pension Reform
Haan, Peter; Prowse, Victoria - Forschungsbasierte Infrastruktureinrichtung … - 2011
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...
Persistent link: https://www.econbiz.de/10009277157
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Triggers and Determinants of Severe Household Indebtedness in Germany
Keese, Matthias - 2009
Overindebted private households have created economic and political concern. Using measures of relative (over-) indebtedness which relate household income and debt services to different concepts of subsistence levels, this paper investigates whether severe household indebtedness is driven by...
Persistent link: https://www.econbiz.de/10011600882