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One pillar crumbling, the others too short : old-age provision in Germany
Werding, Martin - 2016
Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
Persistent link: https://www.econbiz.de/10011429583
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Intrinsic work motivation and pension reform acceptance
Heinemann, Friedrich; Hennighausen, Tanja; Moessinger, … - 2011
Although demographic change leaves pay-as-you-go pension systems unsustainable, reforms, such as a higher pension age, are highly unpopular. This contribution looks into the role of intrinsic motivation as a driver for pension reform acceptance. Theoretical reasoning suggests that this driver...
Persistent link: https://www.econbiz.de/10009162092
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The Role of Social Security in Household Decisions : VAR Estimates of Saving and Fertility Behaviour in Germany
Cigno, Alessandro; Casolaro, Luca; Rosati, Furio C. - 2021
effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was …
Persistent link: https://www.econbiz.de/10013321181
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Early retirement of employees in demanding jobs : evidence from a German pension reform
Geyer, Johannes; Lorenz, Svenja; Zwick, Thomas; Bruns, Mona - 2021
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in employment. An important at‐risk group comprises employees who have worked in demanding jobs for many years. This group may be particularly negatively affected by the abolition of...
Persistent link: https://www.econbiz.de/10012671878
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Early retirement of employees in demanding jobs : evidence from a German pension reform
Geyer, Johannes; Lorenz, Svenja; Zwick, Thomas; Bruns, Mona - 2021
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in employment. An important at-risk group comprises employees who have worked in demanding jobs for many years. This group may be particularly negatively affected by the abolition of...
Persistent link: https://www.econbiz.de/10012659076
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How to avoid a pension crisis : a question of intelligent system design
Cigno, Alessandro - 2009
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10003936144
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When will the Germans get trapped in their pension system?
Sinn, Hans-Werner; Übelmesser, Silke - 2001
The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms are, however, onlyfeasible when they are supported by the majority of the electorate. Todetermine whether the majority is in favor of reforms of the pension system,we calculate...
Persistent link: https://www.econbiz.de/10011400295
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Old-age poverty : the household perspective : a microsimulation approach of pension entitlements in Germany
Finkler, Sebastian - 2019 - This version: 11 February 2019
perspective and considers household retirement incomes in the light of analysing old-age poverty and designing (minimum) pension … policies. Using household survey and administrative data, the paper examines actual needs of pensioner households in relation … if old-age poverty analysis integrates other household incomes. The German government intends to implement the Grundrente …
Persistent link: https://www.econbiz.de/10012265643
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Early Retirement of Employees in Demanding Jobs : Evidence from a German Pension Reform
Geyer, Johannes; Lorenz, Svenja; Zwick, Thomas; Bruns, Mona - 2021
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in employment. An important at-risk group comprises employees who have worked in demanding jobs for many years. This group may be particularly negatively affected by the abolition of...
Persistent link: https://www.econbiz.de/10013321570
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Early Retirement of Employees in Demanding Jobs : Evidence From a German Pension Reform
Geyer, Johannes; Lorenz, Svenja; Zwick, Thomas; Bruns, Mona - 2021
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in employment. An important at‐risk group comprises employees who have worked in demanding jobs for many years. This group may be particularly negatively affected by the abolition of...
Persistent link: https://www.econbiz.de/10013311783