Similar Search Results

Social Security with Rational and Hyperbolic Consumers

Fehr, Hans; Habermann, Christian; Kindermann, Fabian - 2006

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

Tax-Favored Retirement Accounts: Are they Efficient in Increasing Savings and Growth?

Fehr, Hans; Habermann, Christian; Kindermann, Fabian - 2006

The present paper aims to quantify the macroeconomic and welfare effects of taxfavored retirement accounts. Starting from an equilibrium without saving incentives, we introduce such accounts and compute the new transition path and the resulting long-run equilibrium. Since our...

Persistent link: https://www.econbiz.de/10010294679

Pension reform during the demographic transition

Fehr, Hans - 1999

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 pension reform proposals. The numerical analysis is based on an … the demographic transition in Germany. Given the current unfunded pension system, the model first calculates a baseline …

Persistent link: https://www.econbiz.de/10010305754

Private Retirement Savings in Germany: The Structure of Tax Incentives and Annuitization

Fehr, Hans; Habermann, Christian - 2008

The present paper studies the growth, welfare and efficiency consequences of the recent introduction of tax-favored retirement accounts in Germany in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor income uncertainty. We focus on the implicit...

Persistent link: https://www.econbiz.de/10011600778

Private retirement savings in Germany: the structure of tax incentives and annuitization

Fehr, Hans; Habermann, Christian - 2008

Persistent link: https://www.econbiz.de/10010264317

Pension funding and individual accounts in economies with life-cyclers and myopes

Fehr, Hans; Kindermann, Fabian - 2009

The present paper studies the growth and efficiency consequences of pension funding with individual retirement accounts … gain from the (implicit) longevity insurance of the pension system is significant and amounts to roughly 0.5 percent of …

Persistent link: https://www.econbiz.de/10010266012

Should pensions be progressive? Yes, at least in Germany!

Fehr, Hans; Kallweit, Manuel; Kindermann, Fabian - 2011

quantitatively characterizes the optimal progressivity of unfunded pension systems in an overlapping generations model with …. Focusing on the German pension system, our model features the most recent demographic projections and distinguishes three skill … classes with skill-dependent risk profiles. Starting from a baseline path that reflects a purely earnings related pension …

Persistent link: https://www.econbiz.de/10010278895

Beitragssenkung und Zuschussrente: Ist das eine nachhaltige Rentenpolitik?

Fehr, Hans; Ruland, Franz; Färber, Gisela; Buntenbach, … - In: ifo Schnelldienst 65 (2012) 19, pp. 4-16

Zwei wichtige rentenpolitische Fragen werden aktuell diskutiert und stehen zur Entscheidung an: Soll der Beitragssatz zur gesetzlichen Rentenversicherung gesenkt werden, und sollte eine Zuschussrente zur Verringerung des Altersarmutsrisikos eingeführt werden. Hans Fehr, Universität Würzburg,...

Persistent link: https://www.econbiz.de/10011693404

Geplante Rentenreform: Größere Gerechtigkeit oder falsches Signal?

Fehr, Hans; Werding, Martin; Börsch-Supan, Axel; Boss, … - In: ifo Schnelldienst 67 (2014) 05, pp. 3-25

Nach Meinung von Hans Fehr, Lehrstuhl für Finanzwissenschaft, Universität Würzburg, belastet der aktuelle Gesetzentwurf zur Reform der Rentenversicherung pauschal die Beitragszahler, konterkariert die eingeleitete Anhebung des Rentenzugangsalters und hilft nur wenig gegen die künftig...

Persistent link: https://www.econbiz.de/10011693623

Pension reform with entrepreneurial choice

Hofbauer, Florian; Fehr, Hans - 2016

applied to analyze the consequences of three pension reforms in Germany: A move towards a comprehensive paygo system, the … introduction of flat benefits, and a funded pension system. Our simulation results indicate that pension systems directly affect … occupational choice when households have a choice to avoid the implied tax burden. In addition, pension systems influence …

Persistent link: https://www.econbiz.de/10011527841