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Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked … recovery from the Great Recession. It has disadvantages, as Germany will be ageing very rapidly in the near future. Following a …
Persistent link: https://www.econbiz.de/10011429583
This paper presents long term projections of the German pension system that are based on a general equilibrium model with overlapping generations (OLG). This framework takes into account the two way feedback of both micro and macroeconomic relationships, meaning that households, for example,...
Persistent link: https://www.econbiz.de/10012197894
of the elderly in Japan. Using four waves of individual-level annual data from the Japanese General Social Survey … increasingly more consistent in their support for a government-based social security system in Japan. -- Livelihood of elderly … ; care of elderly ; public attitudes ; aging societies ; Japan …
Persistent link: https://www.econbiz.de/10003852202
factor and the increase of the statutory retirement age comprehensive pension reforms have been adopted in Germany in recent … Rente mit 67 wurden in Deutschland in den letzten Jahren umfangreiche Rentenreformen verabschiedet. Diese jüngsten Maßnahmen …
Persistent link: https://www.econbiz.de/10009234026
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014279704
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014280148
these hypotheses empirically. Employing micro data for Germany we corroborate the first hypothesis with descriptive …
Persistent link: https://www.econbiz.de/10011966874
Persistent link: https://www.econbiz.de/10003449330
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/10011782034
The Croatian system of old-age provision comprises a traditional public pay-as-you-go scheme and a mandatory funded scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the future. Due to the continuing economic crisis, the...
Persistent link: https://www.econbiz.de/10011429587