Löhne und gesetzliche Rentenansprüche sind über das Sozialversicherungssystem direkt miteinander verbunden. In dieser Dissertationsschrift werden zunächst Lohnrisiken analysiert, um dann das Altersarmutsrisiko in Deutschland aufzuzeigen. Nach einer Einführung werden in Kapitel 2 die...

Löhne und gesetzliche Rentenansprüche sind über das Sozialversicherungssystem direkt miteinander verbunden. In dieser Dissertationsschrift werden zunächst Lohnrisiken analysiert, um dann das Altersarmutsrisiko in Deutschland aufzuzeigen. Nach einer Einführung werden in Kapitel 2 die...

Migration of any distance separates family members for long periods of time. In China, an institutional legacy continues to privilege the migration of working-age individuals who often leave children and elders behind in the rural areas. Up to now, the literature has treated children and elders...

Nigerian families have supportive traditional financial networks based on consanguinity that serves as social security. By insurance theory, this is an inefficient risk distribution mechanism. The Pension Reform Act of 2004 aims at ensuring that improvident workers can avert old age poverty. But...

This paper discusses what is longevity risk, why it is important, approaches used by the West to manage longevity risk, and what lessons can be learnt by Asian countries from the experiences of the West. Increasing and uncertain longevity has emerged as a key risk affecting individuals, pension...

This paper analyzes the impact of subjective mortality risk on consumption and labor choice in a life cycle model. Using longitudinal data from the Health and Retirement Study (HRS), I estimate the intertemporal elasticity of substitution (IES) and the Frisch labor elasticity. Instead of...

This paper analyzes changes in the risk of unemployment and changes in the distribution of unemployment duration for the 26 to 41 years old working population in West-Germany during the 1980ties and 1990ties. The comprehensive IAB employment subsample 1975- 1997 is used for the analysis. It...

Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...