Micro-econometric intra-cohort profitability analyses of pay-as-you-go (PAYG) pension contributions are rare. We use representative employment histories of a birth cohort of German PAYG pension insurants retiring in year 2005 to econometrically examine the determinants of the profitability of...

Die flächendeckende Einführung des gesetzlichen Mindestlohns ist eine bedeutende Intervention in den Arbeitsmarkt und die marktwirtschaftliche Ordnung in Deutschland. Motiviert ist die gesetzliche Änderung vor allem sozialpolitisch: Die Einkommenssituation von Niedrigeinkommensbeziehern soll...

The Income Reference Period (IRP), the measurement period of income, differs across micro-economic databases of household or individual incomes; typically it is a year, a quarter (of a year) or a month. The length of the IRP affects the shape of the income distribution and derived distributional...

When individual or household incomes are collected for administrative or scientific surveys, the reference period of income is sometimes a month, sometimes a quarter, and sometimes a year. This reference period of income likely affects the shape of the distribution and derived measures of...