Pension reform with variable retirement age: a simulation analysis for Germany
The paper analyzes the recent pension reform in Germany which increases the normal retirement age by two years. The applied simulation model features a realistic demographic transition, distinguishes three skill classes with different life expectancies and allows individuals to choose their labor supply at the intensive and the extensive margin.
Year of publication: |
2012
|
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Authors: | FEHR, HANS ; KALLWEIT, MANUEL ; KINDERMANN, FABIAN |
Published in: |
Journal of Pension Economics and Finance. - Cambridge University Press. - Vol. 11.2012, 03, p. 389-417
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Publisher: |
Cambridge University Press |
Description of contents: | Abstract [journals.cambridge.org] |
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