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This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …
Persistent link: https://www.econbiz.de/10010128218
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks … account for differences in the longevity risk by health status can effectively reduce the consumption risks, but only slightly …
Persistent link: https://www.econbiz.de/10011999473
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks … for differences in the longevity risk by health status can effectively reduce the consumption risks, but only slightly …
Persistent link: https://www.econbiz.de/10011995887
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …
Persistent link: https://www.econbiz.de/10010322349
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks … account for differences in the longevity risk by health status can effectively reduce the consumption risks, but only slightly …
Persistent link: https://www.econbiz.de/10011999332
Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks … account for differences in the longevity risk by health status can effectively reduce the consumption risks, but only slightly …
Persistent link: https://www.econbiz.de/10012587858
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …
Persistent link: https://www.econbiz.de/10010896267
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …
Persistent link: https://www.econbiz.de/10010685901
Persistent link: https://www.econbiz.de/10012224610
We evaluate the actual effectiveness of disincentives that have been introduced for early retirement in Germany. Therefore, we set up a detailed model of the German social security and tax system with special attention to the PAYG-pension system. Building on the fact that the institutional...
Persistent link: https://www.econbiz.de/10010486012