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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
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
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
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
Im langfristigen Zeithorizont der kapitalgedeckten Altersvorsorge kommt Kostenunterschieden zwischen verschiedenen … Investmentsparplänen, deren Guthaben bei Fälligkeit in eine private Rentenversicherung gegen Einmalzahlung umgewandelt werden, untersucht … Versicherungsprämien mit Prämien, die sich aus den aktuellen Sterbetafeln für die private Rentenversicherung errechnen. Im Ergebnis wird …
Persistent link: https://www.econbiz.de/10011445645
We estimate the effects of hiring subsidies for older workers on transitions from unemployment to employment in Germany. Using a natural experiment, our first set of estimates is based on a legal change extending the group of eligible unemployed persons. A subsequent legal change in the opposite...
Persistent link: https://www.econbiz.de/10003404796
From 2002–2004, the German government passed several laws that curtailed the generosity of the unemployment compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for older unemployed, which was effective during 2006 and...
Persistent link: https://www.econbiz.de/10003914220
Persistent link: https://www.econbiz.de/10002240654
In this paper we study the macroeconomic effects of large exchange rate appreciations. Using a sample of 128 countries from 1960-2008, we identify large nominal and real appreciations shocks and study their macroeconomic effects in a dummy-augmented panel autoregressive model. Our results show...
Persistent link: https://www.econbiz.de/10008901831