microsimulation model and examine three countries: Belgium, Germany and Italy. Adequacy is assessed on the basis of the replacement …-earners. The replacement rate will follow different patterns: in Belgium and Germany it will decline until the beginning of the …

birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future … levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms …

birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future … levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms …

birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future … levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms …

birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future … levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms …