, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the … full pensionable age generates the largest responses in labor supply and retirement behavior. …

This paper examines to what extent non-random sorting of spouses affects earnings inequality while explicitly … inequality has been underestimated in previous approaches. Predicting hours worked for hypothetical couples reveals a strong … disequalizing impact of nonrandom sorting on inequality which is stable since the 1980s. Taking labor supply choices as given would …

-favored retirement accounts in Germany in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor …

This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … the early retirement option, the simulations indicate that a means test mitigates. - the moral hazard problem …

Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring … 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter- and intra …-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger annually …

on inequality and progressivity become substantially lower when payroll taxes are reduced, which is due to increased work …