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Although demographic change leaves pay-as-you-go pension systems unsustainable, reforms, such as a higher pension age, are highly unpopular. This contribution looks into the role of intrinsic motivation as a driver for pension reform acceptance. Theoretical reasoning suggests that this driver...
Persistent link: https://www.econbiz.de/10009162092
-term sustainability. We argue that the latest reforms have moved pension provision in Germany in principle from a defined benefit to a … option to install a fourth pillar providing income in retirement through working after pension age. -- Pension Financing … ; Financial Crisis ; Fiscal Sustainability Survey ; Germany …
Persistent link: https://www.econbiz.de/10003857711
Persistent link: https://www.econbiz.de/10003314698
unemployment and on unemployment duration of the older unemployed aged 54-56. This group lost a smooth early retirement path via … the unemployment benefits scheme. We show that the reform effectively reduced the amount of early retirement at the … unemployment benefits for early retirement purposes. …
Persistent link: https://www.econbiz.de/10003671087
Persistent link: https://www.econbiz.de/10001999187
In der folgenden Studie möchten wir ausgewählte Aspekte von intra- und intergenerationalen Umverteilungseffekten im System der bundesdeutschen Alterssicherung auf der Basis der Humankapitalheorie mit Simulationsmethoden analysieren. Falls es das Ziel der Politik ist, die Ungleichheit des...
Persistent link: https://www.econbiz.de/10003650247
A new algorithm for clustering life course trajectories is presented and tested with large register data. Life courses are represented as sequences on a monthly timescale for the working-life with an age span from 16–65. A meaningful clustering result for this kind of data provides interesting...
Persistent link: https://www.econbiz.de/10008901833
Im langfristigen Zeithorizont der kapitalgedeckten Altersvorsorge kommt Kostenunterschieden zwischen verschiedenen Anlageformen große Bedeutung zu. In der vorliegenden Arbeit wurde das Kostenniveau von Rentenversicherungen und Investmentsparplänen, deren Guthaben bei Fälligkeit in eine...
Persistent link: https://www.econbiz.de/10011445645
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … on private retirement savings. Our results show that the letters increase private retirement savings. The effects are …
Persistent link: https://www.econbiz.de/10011535690
This paper shows that earnings losses after unemployment increase with age. First, older employees start out with relatively high earnings in comparison to employees without employment interruptions several years before the non-employment spell. This earnings advantage turns into a strong...
Persistent link: https://www.econbiz.de/10003728393