Showing 1 - 10 of 26,036
Persistent link: https://www.econbiz.de/10013436110
This paper examines the consequences of including the self-employed in the German pay-as-you-go pension system. The effects on the implicit tax rate of the different generations and groups are analysed. It is demonstrated that the inclusion of the self-employed can be used to reach two...
Persistent link: https://www.econbiz.de/10011434240
Most studies using microsimulation techniques have considered the effect of potential reforms, but only regarding income distribution. However, it has become increasingly recognised, both at the academic and political level, that focusing purely on income provides a limited picture of social...
Persistent link: https://www.econbiz.de/10011584107
micro-simulation model developed for the newly available PHF data, we document an inverted U-shaped overall redistribution … fiscally possible, it can totally offset the decrease of global redistribution effect from indexation. Our results echo the …
Persistent link: https://www.econbiz.de/10010385846
taxation. Furthermore, from a Keynesian macroeconomic perspective redistribution may even be systematically conducive to growth … and employment. At the same time a change towards such a policy of redistribution may for some economies, particularly the …
Persistent link: https://www.econbiz.de/10010519198
expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and …
Persistent link: https://www.econbiz.de/10010340956
This paper deals with the coverage of long-term care (LTC) in Germany since the post-war period. Until the 1990s, long-term care was mainly a task of the family with means-tested, tax-financed care assistance as a last resort. In 1994, after two decades of political debate, the German parliament...
Persistent link: https://www.econbiz.de/10013064866
This paper presents robust evidence that retirement causally improves overall life satisfaction which is subsequently explained by improvements in satisfaction with one’s financial situation, free time, health, and participation in local community activities. Furthermore, while the positive...
Persistent link: https://www.econbiz.de/10012220236
may justify redistribution from families with children to those without implied by most pension systems. We find that the … opposite redistribution, from the childless to those with children, would be efficient if individuals have low risk aversion …. Redistribution in favor of the infertile would only be justified when risk aversion is high …
Persistent link: https://www.econbiz.de/10012779785
Using empirical evidence from panel analysis of current account dynamics and of bilateral trade balances, the paper argues that the large German current account surplus during the 2000s can be explained by an increasing gap between productivity growth in manufacturing vis-à-vis services. Such a...
Persistent link: https://www.econbiz.de/10011276815