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On the basis of the annual reports of all the life insurance companies covered by the Federal Financial Supervisory Authority (BaFin), the adjustment of payments over the time period 2002 to 2012 is analysed for Germany. The analysis unveils large differences in the adjustment rates of the...
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A paradigm shift in Germany - the «Altersvermögens- und Altersvermögensergänzungsgesetz» - should result in more individualized and capital funded old age provision. Consequently, the overall benefit level in old age now depends to a larger extent and systematically on the interplay between...
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We study the residential choice of siblings who are altruistic towards their parents. The firstborn child's location choice influences the behavior of the second-born child and can shift some of the burden of providing care for the parents from one child to the other. These strategic...
Persistent link: https://www.econbiz.de/10005759370
We study the residential choice of siblings who are altruistic towards their parents. If some sibling moves further away, he or she can shift some of the burden of taking care of the parents to his or her siblings. Thus, siblings have a strategic incentive to move away that only children do not...
Persistent link: https://www.econbiz.de/10005789100
In this paper, we present an analysis of the influence of inheritances on the distribution of wealth alongside selected recent findings on current trends in inheritances and gifts. The German Socio-Economic Panel (SOEP) is used from a longitudinal perspective to study the extent to which the...
Persistent link: https://www.econbiz.de/10005089548