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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
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Estimating the impact of immigrants on the host country social security system when return migration is an endogenous choice
Kirdar, Murat G. - 2010
most demographic groups. -- Immigrant workers ; life cycle models ; saving ; social security ; public pensions …
Persistent link: https://www.econbiz.de/10003959164
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The welfare economics of reference dependence
Reck, Daniel; Seibold, Arthur - 2022
Empirical evidence suggests that individuals often evaluate options relative to a reference point, especially seeking to avoid losses. In this paper, we provide the first welfare analysis under reference-dependent preferences. We decompose the welfare impact of changes in reference points and...
Persistent link: https://www.econbiz.de/10013411537
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The Savings Behaviour of German Households : First Experiences with State Promoted Private Pensions
Börsch-Supan, Axel - 2009
In response to population aging, pay-as-you-go pensions are being reduced in almost all developed countries. In many … countries, governments aim to fill the resulting gap with subsidized private pensions. This paper exploits the recent German … pension reform to shed new light on the uptake of voluntary, but heavily subsidized private pension schemes. Specifically, we …
Persistent link: https://www.econbiz.de/10013157337
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Second-Best Properties of Implicit Social Security Taxes : Theory and Evidence
Fenge, Robert; Übelmesser, Silke; Werding, Martin - 2021
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/10013320477
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Does Consumption Decline at Retirement? Evidence from Repeated Cross-Section Data for Germany
Beznoska, Martin; Steiner, Viktor - 2012
-section data for Germany, this paper analyzes the retirement consumption puzzle for the German case. For our broadest consumption …
Persistent link: https://www.econbiz.de/10014167681
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The Welfare Economics of Reference Dependence
Reck, Daniel; Seibold, Arthur - 2022
Empirical evidence suggests that individuals often evaluate options relative to a reference point, especially seeking to avoid losses. In this paper, we provide the first welfare analysis under reference-dependent preferences. We decompose the welfare impact of changes in reference points and...
Persistent link: https://www.econbiz.de/10014243670
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Early retirement behaviour in the Netherlands: evidence from a policy reform
Euwals, Rob; van Vuuren, Daniel - 2006
the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989 …-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early …
Persistent link: https://www.econbiz.de/10010277100
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Early Retirement Behaviour in the Netherlands: Evidence from a Policy Reform
Euwals, Rob; van Vuuren, Daniel J.; Wolthoff, Ronald P. - 2006
the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989 …-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early …
Persistent link: https://www.econbiz.de/10010325586
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Early retirement behaviour in the Netherlands : evidence from a policy reform
Euwals, Rob (contributor);  … - 2006
the policy reform on early retirement behaviour. We use a large administrative dataset, the Dutch Income Panel 1989 …-2000, to estimate hazard rate models for early retirement. We conclude that the policy reform induced workers to postpone early …
Persistent link: https://www.econbiz.de/10003289881