As Western populations age, more adult children face parental health challenges. Caregiving responsibilities towards parents are becoming crucial concerns for families, healthcare systems, and societies. While this care is essential for elderly well-being, it also demands significant time, energy and emotional resources. Yet, the impact of care provision on caregivers’ lives remains understudied....
Health investments are vital for maintaining physical and mental well-being throughout working life, and their importance is amplified with rising retirement ages due to demographic aging. This is the first study to examine if a longer working life causally increases institutionalized health investments. We explore the impact of a German pension reform that raised the retirement age by three years...
Labor shortages and skills mismatches pose significant challenges for Germany and other advanced economies, which are further exacerbated by the retirement of the baby boomer generation, the digital transformation and the ecological transformation of the economy. These developments are fundamentally changing labor demand, task structures and skill requirements, leading to a growing mismatch...
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...
CANCELLED
The new German federal government coalition is planning a significant tax break for workers of retirement age: the active pension (Aktivrente). With the active pension, workers who have reached the statutory retirement age may earn up to 2,000 euros a month tax-free, a move that the government is hoping will motivate more pensioners to work longer to counteract the skilled worker shortage. Microsimulation ...
