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A basic principle of statutory retirement insurance in Germany is the proportionality between earnings and retirement … contributions and monthly retirement benefits. If clearly defined population groups differ in their life expectancy, then this very …
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In a recent paper, Homburg and Richter have argued that with free mobility of labor within a common labor market there is a need to harmonize and even consolidate pay-as-you-go financed national public pension systems to reach an efficient allocation of labor. We show that with free and...
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