In Germany, there is an ongoing debate about how to increase the efficiency of the social security system and especially its financing. The aim of this paper is to simulate different financing systems for Germany. The introduction of a Liberal British or the Southern Greek financing system...

We study the welfare effects of earnings testing flat-rate old-age benefits in a quantitative overlapping generations model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals' expected lifetime utility. Moreover, it also lowers the...

As is the case in many other organisations operating in the transport industry in Latvia, Latvian Railway Group’s human resources (HR) strategy, policies and activities are built on the General Agreement and collective agreements. The aim of the General Agreement and collective agreements is...