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Persistent link: https://www.econbiz.de/10011882039
This paper contributes to the ongoing discourse on the taxation of top-income earners by empirically investigating the impact of tax policy changes on pay without performance. Using data on executive compensation in the United States, I compare the sensitivity of executive compensation to...
Persistent link: https://www.econbiz.de/10015324402
pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household … altruism may mediate the relationship between household decision-making and individual contributions to private pension plans …
Persistent link: https://www.econbiz.de/10012697947
Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large … field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of … their current pension claims across all pillars of the pension system. We combine survey and administrative bank data to …
Persistent link: https://www.econbiz.de/10013399826
Persistent link: https://www.econbiz.de/10009373094
We empirically investigate the distributional consequences of the Riester scheme, the main private pension …
Persistent link: https://www.econbiz.de/10011281656
thereby accept costs in the form of foregone income and pension entitlements corresponding to 20-30% of the inheritance. …
Persistent link: https://www.econbiz.de/10011714195
How to invest and decumulate wealth during retirement has far-reaching consequences for consumption during retirement. We conduct an online experiment among 2,500 individuals representative of the adult German population. First, we investigate the choice between phased withdrawal plans with...
Persistent link: https://www.econbiz.de/10014311911
I study when a firm prefers to be transparent about pay using a simple multidimensional signaling model. Pay transparency within the firm means that a worker can learn about his own worker-firm match from another worker's pay. This can either encourage or discourage workers-which affects...
Persistent link: https://www.econbiz.de/10014479181
This paper examines the reliance on ESG metrics in executive compensation contracts. In our sample of international publicly traded firms, a rapidly growing fraction incorporate ESG metrics in the compensation schemes of their top executives. Our analysis links the reliance on these metrics to...
Persistent link: https://www.econbiz.de/10013435292