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We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across …-Economic Panel Study (SOEP) and process-produced microdata from the German pension insurance. A microsimulation model is developed … pensions across cohorts taking into account changing demographics and recent pension reforms. Simulations show that pension …
Persistent link: https://www.econbiz.de/10008824262
benchmark Mincer earnings equation, and using a newly developed microsimulation model we project future pension benefits for …
Persistent link: https://www.econbiz.de/10011540363
old-age pensions in the EU, focusing on both contributions and benefits. Using the microsimulation model EUROMOD, we …
Persistent link: https://www.econbiz.de/10012593837
Persistent link: https://www.econbiz.de/10010188217
importance of unfunded, state pensions differs. We estimate how the optimal level of unfunded, state pensions depends on rate of … is rapid and unfunded pensions are currently generous. …
Persistent link: https://www.econbiz.de/10011398101
In this paper we address the question whether in case of population ageing a transition from an unfunded to a more funded pension scheme is politically feasible in a representative democracy. We consider two parties: a right-wing party which is willing to trade off intragenerational equity...
Persistent link: https://www.econbiz.de/10011399334
until 2050. To quantify the effects on pensions, taxes and social contributions, we use an overlapping generations model …
Persistent link: https://www.econbiz.de/10011416024
income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household … occupational pensions. …
Persistent link: https://www.econbiz.de/10011318591
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find a firm basis for an empirical treatment of this question, we employ a novel approach to assessing an adequate replacement rate vis- a-vis income in the pre-retirement period. We...
Persistent link: https://www.econbiz.de/10009766250
Variations among the diverse pension systems in the member states of the European Union (EU) hamper labor market mobility across national borders and also among firms within the countries of the EU. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues...
Persistent link: https://www.econbiz.de/10009767598