In this paper, we analyze how life expectancy-driven redistribution of income through a defined pension benefit system impacts on inequality in annual consumption. Our analysis combines a methodology that quantifies life expectancy-driven redistribution through the pension system with a...

Vor dem Hintergrund der steigenden Lebenserwartung wurde im Jahr 2007 beschlossen, das Renteneintrittsalter in Deutschland stufenweise von 65 auf 67 Jahre anzuheben. Hauptziel dieser Reform war es, den Beitragssatz und die finanzielle Lage der gesetzlichen Rentenversicherung zu stabilisieren....

Die Lebenserwartung der deutschen Bevölkerung steigt nicht nur im Zeitverlauf, sondern divergiert auch innerhalb der Jahrgänge zunehmend. Untersuchungen auf Basis von Administrativdaten der deutschen Rentenversicherung für westdeutsche, männliche Arbeitnehmer erlauben Rückschlüsse darauf,...

Individuals vary considerably in how much they earn during their lifetimes. This study examines the role of the tax-and-transfer system in mitigating such inequalities, which could otherwise lead to disparities in living standards. Utilizing a life-cycle model, we determine that taxes and...

We use social security records to document heterogeneity in life expectancy by lifetime earnings and we analyze how this longevity gap has evolved over cohorts. We provide evidence that the earnings-related longevity gap is increasing over cohorts in West Germany. Further, we propose a...

This study uses German social security records to provide novel evidence about the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and...

This study uses German social security records to provide novel evidence about the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and...

In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against lifetime earnings risk. Based on a dynamic life-cycle...

This study uses German social security records to provide novel evidence about the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and...

In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against lifetime earnings risk. Based on a dynamic life-cycle...