In response to population aging, pay-as-you-go pensions are being reduced in almost all developed countries. In many countries, governments aim to fill the resulting gap with subsidized private pensions. This paper exploits the recent German pension reform to shed new light on the uptake of...

Notional defined contribution (NDC) systems have strongly been being debated in the worldwide pension literature in the past years. This paper deals with the feasibility of such NDC systems. The focus is on the German case, where the recent 2004 pension reform introduced a so-called...

German Abstract: Die Rentenpolitik nimmt nach wie vor eine wichtige Stellung im Rahmen der sozialpolitischen Reformagenda auf beiden Seiten des Atlantiks ein. Sowohl in der Europäischen Union (EU) als auch in den Vereinigten Staaten (USA) stellt der demografische Wandel die traditionellen...

Population Aging poses an evident threat to the financial sustainability of pension systems based on a “pay-as-you-go” (PAYG) scheme. To cope with this threat, pension systems have undergone numerous reforms in many countries in order to keep people longer at work. One crucial element of...

Retrospective data play an important role in social science research. This paper provides an overview of problems arising during the process and also presents the solutions found in the field. It also shows details of the collection of retrospective data in the Survey of Health, Ageing and...

English Abstract Alarmed by the worsening health for middle-aged baby-boomers in the US, we conduct a cohort analysis of health deficits similar to Abeliansky and Strulik (2019) but focus on middle-aged individuals. As opposed to previous findings, we find that health among the middle-aged has...

English Abstract We use SHARE data from eight European countries to measure the evolution of health of middle-aged individuals over time. In contrast to earlier findings in Europe, we observe a stalling health trend for individuals of later year of birth using an index measuring health deficits....

German Abstract: In diesem Beitrag werden einige der wichtigsten Ergebnisse der Studie „Qualifikationen, Potenziale und Lebensverläufe syrischer Asylbewerber in Bayern“, welche im zweiten Halbjahr 2017 durchgeführt wurde, skizziert. Unsere Studie ergänzt die Literatur zu Asylbewerbern in...

English Abstract: Flexible retirement is supposed to increase labor supply of older workers without touching the third rail of pension politics, the highly unpopular increase of the retirement age. While this may have intuitive appeal, this paper shows that it might be wishful thinking. Economic...