This paper estimates the causal effect of retirement on health, health behavior, and healthcare utilization. Using Regression Discontinuity Design to exploit financial incentives in the German pension system for identification, I investigate a wide range of health behaviors (e.g. alcohol and tobacco consumption, physical activity, diet and sleep) as potential mechanisms. The results show a long-run ...
People are investing their life savings in financial products, for instance, to provide for their retirement, and in doing so they are making their future financial situation almost entirely dependent on the success of these investments. The financial sector promotes numerous investment opportunities with widely varying levels of risk - from the classic private pension insurance to high-risk equity ...
Since election results routinely show that elderly people are especially prone to cast their votes for the German Conservatives and do hardly sympathize with the Greens, the question arises: Does the ageing of the electorate go along with an increasing asymmetry of electoral chances? The article examines whether the electoral success of the Conservatives in the elderly population stems from a long-standing ...
Ziel des geplanten Forschungsprojekts ist es, ein verbessertes Verständnis über das Zusammenspiel von individuellen Lebensläufen und institutionellen Rahmenbedingungen und deren Auswirkungen auf die Entstehung der geschlechtsspezifischen Rentenlücke im Lebensverlauf zu gewinnen. Die Entstehung der Lücke wird dabei sowohl im Aggregat als auch im Haushaltskontext untersucht. Es wird der Einfluss...
Generous income support programs as provided by European welfare states have often been blamed to reduce work incentives for the lowskilled and to increase durations of unemployment. Standard studies measure work incentives based on annual income concepts. This paper analyzes work incentives inherent in the German tax-benefit system when extending the time horizon to three years (long-term). Participation ...
