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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
Work-limiting disabilities pose a significant risk to the earnings potential and welfare of older workers. While coverage of public disability insurance (DI) systems is almost universal, the risk of becoming dependent on DI varies across occupations. In this paper, I study the value of public DI across different occupations using data from administrative social security records in Germany. I...
15.05.2024| Annica Gehlen
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Refereed essays Web of Science
This paper investigates the effects of survivor benefits (SB) on the labour supply of widows. Using richadministrative data on the Dutch population and a reform that considerably restricted eligibility to SB, weidentify the causal effect of SB on labour supply. Using a regression discontinuity design strategy based onthe cohort-based implementation of the reform, we show that labour income after spousal ...
In:
Labour Economics
88 (2024), 102527, 14 S.
| Simon Rabaté, Julie Tréguier
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Diskussionspapiere 2080 / 2024
Business cycle models often abstract from persistent household heterogeneity, despite its potentially significant implications for macroeconomic fluctuations and policy. We show empirically that the likelihood of being persistently financially constrained decreases with cognitive skills and increases with overconfidence thereon. Guided by this and other micro evidence, we add persistent heterogeneity ...
2024| Oliver Pfäuti, Fabian Seyrich, Jonathan Zinman
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Refereed essays Web of Science
We estimate a dynamic structural model of labor supply, retirement, and informal caregiving to study short and long-term costs of informal caregiving in Germany. Incorporating labor market frictions and the German tax and benefit system, we find that in the absence of Germany’s public long-term insurance scheme, informal elderly care has adverse and persistent effects on labor market outcomes and, ...
In:
Journal of Health Economics
96 (2024), 102884, 21 S.
| Thorben Korfhage, Björn Fischer-Weckemann
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Refereed essays Web of Science
Africa is one of the most vulnerable continents to climate change. Climate and sustainability-linked bonds can provide funding to African governments and corporations for projects that help to mitigate climate change, combat biodiversity loss, and foster sustainable development. However, less than 0.3% of the global environmental, social, governance (ESG) bond issuance volume is devoted to projects ...
In:
Eurasian Economic Review
(2024), im Ersch. [online forst: 2024-02-16]
| Samuel Mutarindwa, Dorothea Schäfer, Andreas Stephan
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Weitere externe Aufsätze
This paper estimates the impact of financial incentives on retirement decision in France for cohorts of men retiring between 1994 to 2012. During these two decades, a number of pension reforms took place, all aiming to achieve financial balance in the context of increasing life expectancy. These reforms strengthened incentives to retire later, either by ofoffering increased pension benefit for later ...
In:
Axel Börsch-Supan, Courtney Coile (Eds) ,
Social Security Programs and Retirement around the World : The Effects of Reforms on Retirement Behavior
Chicago : University of Chicago Press
im Ersch.
International Social Security
| Antoine Bozio, Simon Rabaté, Maxime Tô, Julie Tréguier
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Refereed essays Web of Science
We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment insurance; however, the opposite holds ...
In:
American Economic Journal: Macroeconomics
16 (2024), 2, S.127–181
| Peter Haan, Victoria Prowse
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Research Project
This project analyses various reform and labour market scenarios with regard to their impact on old-age poverty in the period up to 2045. These are changes to the lower limit for the level of protection in the GRV (holding lines), the pension adjustment rule, a higher retirement age, a generous exemption scheme for pension income from the GRV for basic security, and increased gainful employment at...
Completed Project| Public Economics
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
We study the incentive and labor market effects of disability benefit programs using unique policy variation in Germany. In 2014, disability benefits of new recipients were increased considerably while eligibility criteria were not changed. We exploit this quasi-experimental policy variation to test the implications at two different margins. First, we analyze to what extent an increase in the...
24.05.2023| Annica Gehlen
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SOEP Brown Bag Seminar
Pension funds carry implications on citizens wellbeing in their retirement years and countries’ growths, rendering changes to them following natural disasters of great importance. Using administrative data that comprises a 10 percent random sample of the Australian population and a natural experimental design, we investigate the effects of natural disasters on retirement savings in the aftermath...
17.05.2023| Merve Küçük