German Abstract:Simulationsmodelle der Gesetzlichen Rentenversicherung (GRV) berücksichtigen die Heterogenität des Versichertenbestandes bisher kaum. Insbesondere die Einkommensheterogenität blieb bislang unberücksichtigt. In diesem Papier wird das Rentensimulationsmodell MEA-PENSIM um eine...

German Abstract Die Corona-Pandemie 2020 wird ähnlich wie die Finanzkrise 2008 auch deutliche Spuren in der gesetzlichen Rentenversicherung hinterlassen. Diese treten aufgrund der Rentenanpassungsformel mit 1 bis 2 Jahren Verzögerung ein und sind stark asymmetrisch zugunsten der...

German Abstract: Seit 2019 gilt eine so genannte „doppelte Haltelinie“, die dafür sorgt, dass das Sicherungsniveau der gesetzlichen Rentenversicherung nicht unter 48% absinken und gleichzeitig der Beitragssatz nicht über 20% ansteigen wird. Diese Haltelinie gilt bis 2025. Anschließend...

English Abstract: The main objective of public survivor benefit programs is to prevent poverty or to maintain the living standard after widowhood. In this paper, we analyze the financial consequences of widowhood and the role of the survivor pension systems in Europe. More concretely, we...

This paper uses data from SHARE 2004 to analyze one possible causal pathway of the health-wealth gradient, namely differences in the marginal propensity to save and spend across different health states. Conditional on age and current wealth, I find weak relationships between health and the...

Education is arguably the most important correlate of health We study education-related inequality in the physical of older adults across 11 European countries and the US. Combining data from HRS 2002, ELSA 2002 and SHARE 2004, our results suggest that education is strongly correlated with...

Decision processes among couples depend on the balance of power between the partners, determining the welfare of household members as well as household outcomes. However, little is known about the determinants of power. The collective model of household behavior gives an operational definition...

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....