Showing 1 - 10 of 219
This paper analyzes behavioral responses to a reform in the German public pension system that allowed individuals with a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 reform, individuals with 45 contribution years could...
Persistent link: https://www.econbiz.de/10012230971
Providing a decent living standard and preventing old-age poverty are the two major challenges of pension insurance schemes. Replacement rates below the poverty line despite many years of contribution represent a major challenge for public pension schemes with respect to the systems "raison...
Persistent link: https://www.econbiz.de/10012265643
We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK through the Old-Age Pension Act (OAP) of 1908. The OAP was a major social policy intervention and the first one to universally target older workers in a time of very limited...
Persistent link: https://www.econbiz.de/10012231954
Age is an important factor in entrepreneurship. The paths into entrepreneurship at a later age may be varied. Self-employment in later life may be either a form of partial retirement or a career option. Older individuals may also be pushed into self-employment. The focus of this paper is on the...
Persistent link: https://www.econbiz.de/10011503493
Using the introduction of fixed long-term unemployment benefits in Germany in 2005 as a unique experiment we find … strong evidence that lower unemployment benefit has an adverse effect on wages. We use panel data to identify and estimate …
Persistent link: https://www.econbiz.de/10011522580
This paper investigates if and how confidence at the individual level changes over the course of a life. We provide age profiles of a novel continuous confidence measure and the probability of overconfidence, conditioning on personality traits (including the Big Five and optimism), economic...
Persistent link: https://www.econbiz.de/10012231947
The article is deal with the spatial differences of the demographic events between European Union regions. We are research spatial diferencies of ageing process between 272 NUTS 2 regions today. The analyses on this spatial level are working with the creation of cartogram method for processing...
Persistent link: https://www.econbiz.de/10011494485
This study provides the first empirical evidence of the causal impact of fertility outcomes on old-age labor supply, by innovatively employing population policies in the early 1970s and the sex of the eldest child within families as plausibly exogenous instruments of fertility. The results show...
Persistent link: https://www.econbiz.de/10013337731
A sizable literature documents that displaced workers suffer substantial negative consequences in the labor market and health. These effects may extend to the partner or spouse through household decision-making. Using administrative data of all workers and firms matched to mortality and patient...
Persistent link: https://www.econbiz.de/10012438180
reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the … the existing disagreement in the macroeconomic literature on the unemployment effects of Hartz IV. We find that Hartz IV … was a major driver for the decline of Germany’s unemployment and that partial and equilibrium effect where of equal …
Persistent link: https://www.econbiz.de/10012268834