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This paper examines the consequences of including the self-employed in the German pay-as-you-go pension system. The effects on the implicit tax rate of the different generations and groups are analysed. It is demonstrated that the inclusion of the self-employed can be used to reach two...
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The study surveys, how savings and monetary assets of private households m Germany developed since 1960. Linear … regressions indicate that one person's assets depend on its income and age. lt is shown furthermore that income and savings are co …-integrated, which leads to an error correction model. Savings in different categories of investment show great fluctuations during time …
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Häufig wird angenommen, Deutschland und andere von demographischen Problemen betroffene Industrieländer könnten Finanzierungsprobleme der Rentenversicherung durch eine stärkere Kapitaldeckung inklusive Anlage dieses Kapitals im Ausland abmildern. Neben der Annahme, dass die Rendite bei...
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