This paper provides empirical evidence how the timing of employment breaks affects pension benefits in Germany. Analysing the biographical data set from the German Pension Insurance (SUF VVL 2004) the employment histories of individuals aged 21 to 60 can be mirrored in detail. We relate...

The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...

This paper provides an overview of the work of Herbert Simon and his ideas about rational decision making. By his own standards, Simon is an economist who works in the tradition of Adam Smith and Alfred Marshall. The central theme in Simon’s research is how human beings organize themselves in...

We explore voluntary participation in pension arrangements. Individuals only participate when participation is more attractive than autarky. The bene??it of participation is that risks can be shared with future generations. We apply our analysis to a pay-as-you-go system, a funded system without...

It has been shown that the social security system and other sorts of government transfers have helped poor elderly people, such as widows, to live alone in the U. S. This paper investigates whether government financial support contributed to the increase in the probability of the vulnerable...

This paper analyzes the reasons behind the low rates of contribution to social security programs in developing countries. Using a large set of harmonized household surveys from Latin America we compare contribution patterns among wage employees, for whom participation is compulsory, with...

Auf der Grundlage versicherungsmathematischer Berechnungen wird ein Beitragsmodell für die gesetzliche Rentenversicherung vorgestellt. Es wird untersucht,ob ein grundlegend abweichender Ansatz vom derzeitigen Beitragssystem die Gleichbehandlung in der Altersversorgung stärken sowie Versicherte...

Der Aufsatz setzt sich mit den Stellungnahmen zum Modellvorschlag des Autors für ein neues Umlagesystem in der gesetzlichen Rentenversicherung auseinander.

The employer`s payroll contribution for pension system relief has been one of the most important topic on the debate about social security. Some advocates that the traditional source of funds for pension system tends to undergo a process of erosion.And there are critics, who argue that there is...

Der vorliegende Aufsatz dokumentiert einerseits das unter Einhaltung des Datenschutzes und der Datensicherheit aufbereitete Datenangebot des Forschungsdatenzentrums der Rentenversicherung (FDZ-RV). Andererseits wird die Entwicklung der Nachfrage nach diesen Daten seit der Gründung des...