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Wages and statutory pension claims are connected via the German social insurance system. This dissertation analyzes … unemployment risks on individual wages are analyzed in chapter 2. Building on a portfolio model for the labor market, the effects … compensation has an adverse effect on wages. In West Germany the effect is increasing with the level of qualification. The risk of …
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This volume was prepared by Jens Ruhose while he was working at the Ifo Institute. It was completed in December 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes four self-contained chapters that contribute to the understanding of the...
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This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...
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