Foreseeable income reductions around retirement should not affect aggregate consumption. However, given higher leisure endowments after retirement, theory also predicts lower consumption of leisure substitutes. To avoid misinterpreting this predicted drop as a puzzle, our novel approach focuses...

Erwerbsunterbrechungen führen langfristig zu geringeren Einkommen. Eine einjährige Erwerbspause vermindert das durch die Berufserfahrung erworbene Humankapital um 33 %. Die daraus resultierenden Lohneinbußen hängen jedoch nicht nur von der Dauer, sondern auch vom Timing der Unterbrechung ab.

We conducted an experiment on the nature of income sharing within 95 established couples in Germany. In a first step, the partners revealed their individual preferences by making consumption choices independently. In a second step, decisions were taken jointly over five different rounds with...

According to the life-cycle theory of consumption and saving, foreseeable retirement events should not reduce consumption. Whereas some consumption expenditures may fall when they are self-produced (given higher leisure after retirement), this argument applies especially to housing consumption...

Das 2013 eingeführte Betreuungsgeld wurde im April 2015 von Bundesverfassungsgericht auf seine Rechtsmäßigkeit geprüft. Ein Urteil wird im Sommer 2015 erwartet. Nach Ansicht von Klaus Hurrelmann, Hertie School of Governance, Berlin, ist das Betreuungsgeld ein Rückfall der Familienpolitik in...

In this paper, the current knowledge and issues regarding the economic impact of health at work in Germany is reviewed as a part of the EU project's. An inquiry into health and safety at work: a European Union perspective's (acronym: HEALTHatWORK). After a description of the German institutional...

We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions such as those around retirement should not affect consumption. However, we first recall that given higher leisure endowments after retirement, the theory does predict a fall of...

Die meisten jungen Väter und Mütter in Deutschland wünschen sich eine gleichberechtigte(re) Teilhabe beider Partner in der Erwerbs- und Familienarbeit. Die gelebte Arbeitsteilung vieler Paare sieht jedoch oft anders aus. Die Bundesregierung reagiert nun mit Reformplänen zum Bundeselterngeld-...

We analyze the wage effects of employment breaks of women entering motherhood using a novel within-firm matching approach where mothers’ wages upon return to the job are compared with those of their female colleagues within the same firm. Using an administrative German data set we investigate...