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Compulsory Savings : Efficiency and Redistribution. On the Interaction of Means Tested Basic Income and Public Pensions

Fenge, Robert; von Weizsäcker, Jakob - 2001

In the presence of means tested basic income for old age, households will tend to reduce precautionary savings to an … representative agent framework with two income types, compulsory savings are found to be Pareto-improving up to a point. Beyond that … found for pay-as-you-go pensions. On the basis of our model we argue that the introduction of a funded pension component may …

Persistent link: https://www.econbiz.de/10014124681

Pensions and fertility : back to the roots ; the introduction of Bismarck's pension scheme and the European fertility decline

Fenge, Robert; Scheubel, Beatrice - 2013

Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper is the first to provide detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our...

Persistent link: https://www.econbiz.de/10009792218

Pensions and Fertility : Back to the Roots -- The Introduction of Bismarck's Pension Scheme and the European Fertility Decline

Fenge, Robert - 2014

Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper provides detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our theoretical...

Persistent link: https://www.econbiz.de/10013047746

Pensions and Fertility : Back to the Roots - The Introduction of Bismarck's Pension Scheme and the European Fertility Decline

Fenge, Robert; Scheubel, Beatrice - 2021

Persistent link: https://www.econbiz.de/10013315719

Second-best properties of implicit social security taxes : theory and empirical evidence

Fenge, Robert; Übelmesser, Silke; Werding, Martin - 2002

This paper investigates the inter-temporal structure of implicit taxes that arise in unfunded pension schemes. We demonstrate that these tax rates are declining over the life cycle. Using German micro-data for men and married women we estimate periodic wage elasticities of labour supply in order...

Persistent link: https://www.econbiz.de/10011410305

Second-Best Properties of Implicit Social Security Taxes : Theory and Evidence

Fenge, Robert; Uebelmesser, Silke; Werding, Martin - 2021

Persistent link: https://www.econbiz.de/10013320477

To What Extent are Public Pensions Pareto-Improving : On the Interaction of Means Tested Basic Income and Public Pensions

Fenge, Robert; von Weizsäcker, Jakob - 2021

If there is a means tested basic income for old age, households will tend to reduce precautionary savings to an … income types where compulsory savings are found to be Pareto improving only up to a point. Increases in contribution rates … via the means tested basic income. Using these results in a pay-as-you-go framework, we show that an unfunded pensions …

Persistent link: https://www.econbiz.de/10013320941

Decomposition of Demographic Effects on the German Pension System

Fenge, Robert - 2018

The paper analyses the impact of demographic developments on the German pension system until the year 2060. The projections are simulated for a range of assumptions on the latest demographic trends and on the labour market and comprise the latest pension legislation. As a central innovation we...

Persistent link: https://www.econbiz.de/10012926557

Compulsory savings: efficiency and redistribution : on the interaction of means tested basic income and public pensions

Fenge, Robert; Weizsäcker, Jakob von - In: International tax and public finance 8 (2001) 4, pp. 637-652

Persistent link: https://www.econbiz.de/10001601459

To what extent are public pensions Pareto-improving? : on the interaction of means tested basic income and public pensions

Fenge, Robert; Weizsäcker, Jakob von - 1999

Persistent link: https://www.econbiz.de/10009781692