Wunder, Christoph - In: Zeitschrift für ArbeitsmarktForschung - Journal for … 38 (2005) 4, pp. 493-509
Reductions in the state old-age pension which result from previous periods of unemployment are estimated on the basis of an econometric model whose starting point is the human capital theory. It is possible to differentiate between two negative effects on pensions. Firstly, as the state old-age...