Showing 1 - 10 of 196
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find a firm basis for an empirical treatment of this question, we employ a novel approach to assessing an adequate replacement rate vis- a-vis income in the pre-retirement period. We...
Persistent link: https://www.econbiz.de/10010317258
How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find a firm basis for an empirical treatment of this question, we employ a novel approach to assessing an adequate replacement rate vis- a-vis income in the pre-retirement period. We...
Persistent link: https://www.econbiz.de/10010896232
Research on wealth inequality usually focuses on real and financial assets, while pension wealth - the present value of … and, thus, should be accounted for in peoples' wealth portfolios. Using novel data from the Socio Economic Panel (SOEP …), we show the incidence, relevance, and distribution of individual pension wealth, net worth, and augmented wealth (the sum …
Persistent link: https://www.econbiz.de/10011509340
We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth … and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between …
Persistent link: https://www.econbiz.de/10011622581
pronounced at later stages of the life-cycle through the payment of social security pensions. …
Persistent link: https://www.econbiz.de/10011601061
pronounced at later stages of the life-cycle through the payment of social security pensions. …
Persistent link: https://www.econbiz.de/10009399838
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account … datasets where information on wealth as well as on pension entitlements is collected at the individual level. Pension wealth … data is available for 2012 only. Individual level wealth data allows to analyze the gender wealth gap between women and men …
Persistent link: https://www.econbiz.de/10012590981
particular, public pensions, that smooth incomes over the life-cycle and are funded by high taxes, play an increasingly important …
Persistent link: https://www.econbiz.de/10011912135
Using data from the 1997 and 2002 waves of the German Socio-Economic Panel and from official statistics, I study whether natives are less supportive of state help for the unemployed in regions where the share of foreigners among the unemployed is high. Unlike previous studies, I use...
Persistent link: https://www.econbiz.de/10011600915
Using data from the 1997 and 2002 waves of the German Socio-Economic Panel and from official statistics, I study whether natives are less supportive of state help for the unemployed in regions where the share of foreigners among the unemployed is high. Unlike previous studies, I use...
Persistent link: https://www.econbiz.de/10008615362