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The aim of this paper is to better understand the impact of unemployment on the design of Pay-As-You-Go pension systems, in the context of population aging. We consider a model in which people differ according to age and face in every period a given probability of becoming unemployed. We first...
Persistent link: https://www.econbiz.de/10014051782
Employer-provided health benefit coverage for workers who retire before age 65 has fallen over the last decade. We examine a cohort of male workers from the Health and Retirement Survey to examine questions about the dynamics of retiree health benefits and the relationship between retiree health...
Persistent link: https://www.econbiz.de/10014056559
The changing social status of pensioners is described and structured according to stylized periods. First, we identify … the salient features of the communist regime that shifted pensioners to the margins of society. Second, we attempt to … trace how the position of pensioners changed as a result of the democratic transition, which empowered pensioners as voters …
Persistent link: https://www.econbiz.de/10014059220
We use exogenous variation in Social Security payments created by the Social Security benefits notch to estimate how retirees' use of prescription medications responds to changes in their incomes. In contrast to estimates obtained using ordinary least squares, instrumental variables estimates...
Persistent link: https://www.econbiz.de/10014067791
In this article we discuss the state of the literature relating to the decumulation of retirement wealth and the management of retirement incomes. On the one hand, life-cycle models that allow for strong bequest motives and for the effects of medical expense risks have been shown to be able to...
Persistent link: https://www.econbiz.de/10014077902
Markt für Ruhestandsplanung in Deutschland.- Zielgruppen und Kundentypen -- Inhalte und Prozess der Ruhestandsplanung -- Langlebigkeit als Ausgangspunkt.- Konsum vs. Kapitalerhalt.- Rente vs. Entnahmeplan.- Flexible Renten.- Einladeverfahren und lead-Generierung.- Tools in der...
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