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wealth. The regression discontinuity approach exploits two expansions of the child care pension benefit, in 1992 and in 1999 … increase in their pension wealth. From a political point of view, this suggests that the increase in individual pension wealth …
Persistent link: https://www.econbiz.de/10011441486
wealth. The regression discontinuity approach exploits two expansions of the child care pension benefit, in 1992 and in 1999 … increase in their pension wealth. From a political point of view, this suggests that the increase in individual pension wealth …
Persistent link: https://www.econbiz.de/10012996685
remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …
Persistent link: https://www.econbiz.de/10011348393
distribution. I use the estimates to decompose the overall effect of transfers on wealth inequality in the effect of the aggregated … very much in line with the literature, indicating that transfers tend to equalize wealth inequality, despite minor …This paper uses SOEP data to study the distributional effect of intergenerational transfers on the wealth distribution …
Persistent link: https://www.econbiz.de/10011915902
Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ratio. Hence, rates of return to capital decrease and wages increase, which has adverse...
Persistent link: https://www.econbiz.de/10014172283
Persistent link: https://www.econbiz.de/10010225018
(SRF) ; marketing budget models ; MCMC estimation ; beer consumption ; optimal budget allocation …
Persistent link: https://www.econbiz.de/10009684800
In the paper we simulate a revenue-neutral cut in the social security contribution rate using five different types of macro- / microeconomic models, namely two models based on time-series data where the labour market is modelled basically demand oriented, two models of the class of computable...
Persistent link: https://www.econbiz.de/10011442295
What is the future of social security systems in OECD countries? In our view, the answer belongs to the realm of politics. We evaluate how political constraints shape the social security system in six countries - France, Germany, Italy, Spain, the UK and the US - under population aging. Two main...
Persistent link: https://www.econbiz.de/10014074711
idiosyncratic income, disability and longevity risk as well as endogenous labor supply at the intensive and extensive margin …
Persistent link: https://www.econbiz.de/10009375717