We analyze empirically the optimal design of social insurance and assistance programs when families obtain insurance by making labor supply choices for both spouses. For this purpose, we specify a structural life-cycle model of the labor supply and savings decisions of singles and married couples. Partial insurance against wage and employment shocks isprovided by social programs, savings and the labor ...
Obwohl die Rentenversicherung ein Versicherungsprodukt ist und die "Verzinsung" der eingezahlten Beiträge streng genommen nicht mit der Verzinsung eines Sparguthabens odereinen Geldanlage zu vergleichen ist, kann eine Berechnung der Verzinsung der Rentenbeiträge durchaus aufschlussreiche Informationen über den gegenwärtigen Stand und dieZukunft des Rentenversicherungssystems geben - auch wenn die berechneten ...
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on the savings rate is not homogeneous. On average, the effect attributed to real estate dominates the other components of wealth. In addition, the savings rate strongly ...
We analyze empirically the optimal design of social insurance and assistance programs when families obtain insurance by making labor supply choices for both spouses. For this purpose, we specify a structural life-cycle model of the labor supply and savings decisions of singles and married couples. Partial insurance against wage and employment shocks is provided by social programs, savings and the labor ...
