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Using data of adult women from the German Socio-Economic Panel (SOEP), we find that risk tolerance is associated with a higher probability of an out-of-partnership birth. In contrast, we find no association between risk tolerance and the probability of a cohabiting birth.
Persistent link: https://www.econbiz.de/10011572302
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 article outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one...
Persistent link: https://www.econbiz.de/10013147651
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
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/10003820014
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/10013316388
effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was … the number of future contributors. That is one of the reasons why, in Germany as elsewhere, pay-as-you-go pension systems …
Persistent link: https://www.econbiz.de/10013321181
In 1933, the German government introduced the marriage loan for newlyweds, a policy aimed at increasing marriages and births as well as male employment, which entailed a work ban for the wife and sizeable credit deductions for children. This paper illustrates that the policy was rather...
Persistent link: https://www.econbiz.de/10013262952
from the 1900s. Long time-series regarding fertility and basic trends in Germany are documented and analyzed. We identify …
Persistent link: https://www.econbiz.de/10013110196
Demographic change is one of the greatest challenges faced by Germany as well as a large part of Europe today. One of … reproductive behavior for women in Germany, and therefore, is very informative with regard to possible political intervention with …
Persistent link: https://www.econbiz.de/10011527282
residuals shows that the model gives better forecast accuracy than the most commonly used methods in Germany. The modeling … approach performs better than common projection and forecast methods in Germany while integrating the often discussed link …
Persistent link: https://www.econbiz.de/10011722114