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Options for reforming unfunded public pension schemes that are now being discussed all share the feature that the burden induced by demographic change would be shifted towards presently living and away from unborn generations. Existing models of the political economy of pension reform can not...
Persistent link: https://www.econbiz.de/10010260739
theory we know that there are potential gains to both workers and firms of allowing hours to rise in work experience. Second … increase in the hours supplied by older workers in the last two decades. We review the relevant theory, model the trade …
Persistent link: https://www.econbiz.de/10010269397
This paper analyzes the impact of women's retirement on their informal care provision. Using SOEP data, we address fundamental endogeneity problems by exploiting variation in the German pension system in two complementary ways. We find a significant effect of retirement on informal care...
Persistent link: https://www.econbiz.de/10012302897
Pflegebedürftige lassen sich bevorzugt von Angehörigen oder FreundInnen zuhause pflegen. Dieser sogenannten informellen Pflege wird auch im Gesetz Vorrang vor formeller, stationärer Pflege eingeräumt. Für viele Angehörige entsteht jedoch ein Zeitkonflikt zwischen der Pflegearbeit und ihrer...
Persistent link: https://www.econbiz.de/10012319538
Persistent link: https://www.econbiz.de/10011695668
This paper considers the possibility of letting a pay-go pension system mimic a fully funded pension system. Generically, it turns out to be impossible to make a less than fully funded pension system actuarially fair on average. But a non-funded pay-go pension system can provide an actuarially...
Persistent link: https://www.econbiz.de/10010334940
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions: strengthening the tax benefit link, moving from wage to price...
Persistent link: https://www.econbiz.de/10010264263
As one possible solution to the well-known financing crisis of unfunded social security systems, an increase in the retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between retirement age and benefit level. The present paper is...
Persistent link: https://www.econbiz.de/10010260779
We incorporate Keeping-up-with-the-Joneses (KUJ) preferences into the Blanchard-Yaari (BY) framework and develop, using an AK technology, a model of balanced growth. In this context we investigate status preference, demographic, and pension policy shocks. We find that a higher degree of KUJ...
Persistent link: https://www.econbiz.de/10010264491
We incorporate Keeping-up-with-the-Joneses (KUJ) preferences into the Blanchard-Yaari (BY) framework and develop, using an AK technology, a model of balanced growth. In this context we investigate status preference, demographic, and pension policy shocks. We find that a higher degree of KUJ...
Persistent link: https://www.econbiz.de/10010294036