Der Beitrag erschien in gekürzter Fassung unter dem Titel "Ein Weg aus der Altersarmut" in der FAZ am 30. Januar 2023, S. 16 und auf FAZ.NET. Benötigt das Rentensystem mehr Umverteilung? Die gesetzliche Rentenversicherung in Deutschland wird von der Beitragsäquivalenz geprägt: die Rente orientiert sich in ihrer Höhe im Wesentlichen an den zuvor gezahlten Beiträgen. Das bedeutet, dass die späteren ...
This study uses administrative data on the universe of students in tertiary education in Germany and shows that university enrollment depends negatively on the local unemployment rate at high school graduation. This finding contradicts common evidence on countercyclical US undergraduate enrollment. Students' financial dependency and loan aversion suggest reduced parental income as dominant...
*************POSTPONED*****************To promote integration, the German government enacted the Residential Obligation Act (Wohnsitzauflage) in 2016, which obliges refugees to maintain their residence in the states to which they have been assigned for a period of three years from the time they are granted asylum or temporary residence. Studies addressing this policy have found controversial...
Paid parental leave schemes have been shown to increase women’s employment rates but to decrease their wages in case of extended leave duration. In view of these potential trade-offs, many countries are discussing the optimal design of parental leave policies. We analyze the impact of a major parental leave reform on mothers’ long-term earnings. The 2007 German parental leave reform replaced a means-tested ...
In this paper, we use unique health record data that cover outpatient care and the associated costs to quantify the health care costs of a sizable increase in the retirement age in Germany. For the identification, we exploit a sizable cohort-specific pension reform which abolished an early retirement program for all women born after 1951. Our results show that health care costs significantly increase ...
This dissertation consists of five independent chapters contributing to the field of applied economics. The first three chapters analyze workers' perceptions of the wage penalty associated with working part-time, further evaluating the labor supply implications of biased beliefs. Chapter 4 quantifies the effects of raising the normal retirement age on the career trajectories of middle-aged workers ...
In this paper, we analyze if an increase in the working life leads to more human capital investment via on-the-job training. We obtain RDD-estimates from a sharp date-of-birth cut-off, generated by a pension reform that increased the Early Retirement Age (ERA) by three years for many women in Germany. In our preferred specification, we find that this reform causally increased on-the-job training by ...
In contemporary households, women often shoulder most organisation and caregiving responsibilities leading them to play a crucial role in family dynamics. While previous research has established that public early childcare affects child outcomes and maternal employment, less attention has been given to its effects on maternal health despite its relevance within the household. This study investigates ...