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Einführung - beschränkt auf die Beiträge zur gesetzlichen Rentenversicherung - untersucht. Abgeschätzt wurden zunächst die … Rentenversicherung oder des Mehrwertsteuersatzes - simuliert. Durch die Einführung eines Freibetrags in Höhe von 7 248 Euro pro Kind … und den Gini‐Koeffizienten sind aber eher gering. Die Reform führt zu Einnahmeausfällen in der Rentenversicherung, denen …
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The paper discusses the options for a reform of the German pension system using a model developed at CES for the German Council of economic advisors to the Federal Ministry of Economics and Research. It is argued that the German pay-as-you-go-system is efficient in a present value sense but will...
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Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothi ng to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...
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How can retirement savings be increased? We explore a unique policy change in the context of the German pension system to study this question. As of 2004, the German pension authority started to send out annual letters providing detailed and comprehensible information about the pension system...
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