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Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in … ; tax-benefit linkage ; endogenous retirement ; population ageing …
Persistent link: https://www.econbiz.de/10009375717
Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in …
Persistent link: https://www.econbiz.de/10013127112
In 2007 Germany has introduced a pension reform which increases the normal retirement age from currently age 65 to 67 … effective retirement age by about one year and redistribute towards future cohorts. However, it hardly reduces old-age poverty … since rich people are more flexible in adjusting retirement. Overall, the efficiency gains of the reform are very modest …
Persistent link: https://www.econbiz.de/10013142151
Zum 1. Januar 2002 wurde mit der Einführung der so genannten Riester-Rente der Versuch unternommnen, zusätzlich zur staatlichen eine private Altersvorsorge zu etablieren. Für Prof. Dr. Hans Fehr, Universität Würzburg, ist der Einstieg in die private Altersversorgung misslungen, und zwar vor...
Persistent link: https://www.econbiz.de/10011691988
Zum 1. Januar 2002 wurde mit der Einführung der so genannten Riester-Rente der Versuch unternommnen, zusätzlich zur staatlichen eine private Altersvorsorge zu etablieren. Für Prof. Dr. Hans Fehr, Universität Würzburg, ist der Einstieg in die private Altersversorgung misslungen, und zwar vor...
Persistent link: https://www.econbiz.de/10005056191
The present paper studies the role of social security in an economy populated by overlapping generations of individuals that have time-consistent or time-inconsistent preferences, face mortality and individual income risk, borrowing constraints as well as progressive income taxes. Our...
Persistent link: https://www.econbiz.de/10010294644
The present paper aims to quantify the macroeconomic and welfare effects of taxfavored retirement accounts. Starting … insurance properties of the policy reform. Our simulations indicate that tax-favored retirement accounts as implemented in many …
Persistent link: https://www.econbiz.de/10010294679
Like in many other OECD countries, the population will age rapidly in Germany during the next decades. This undermines the future sustainability of the current unfunded public pension system and motivates the search for reform options. The present paper aimes to evaluate some currently discussed...
Persistent link: https://www.econbiz.de/10010305754
-favored retirement accounts in Germany in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor …
Persistent link: https://www.econbiz.de/10011600778
-favored retirement accounts in Germany in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor …
Persistent link: https://www.econbiz.de/10010264317