Topic Retirement and Pension Provision

243 results, from 11
Externe referierte Aufsätze

Time to Care? The Effects of Retirement on Informal Care Provision

This paper analyzes the impact of women's retirement on their informal care provision. Using SOEP data, we address fundamental endogeneity problems by exploiting variation in the German pension system in two complementary ways. We find a significant effect of retirement on informal care provision, when using early retirement age thresholds as instruments. Heterogeneity analyses confirm the underlying ...

In: Journal of Health Economics 73 (2020), 102350 | Björn Fischer, Kai-Uwe Müller
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

A question of gender: How promotions affect earnings

Occupational positions can explain an important part of the differences in pay between men and women. However, a considerable Gender Pay Gap exists even within the same occupational position. In this paper, we aim at understanding the reason for the gap within occupational positions and, therefore, investigate whether promotions lead to the same effect on earnings growth for men and women....

27.11.2019| Aline Zucco
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Average Wage Gaps and Expected Wage Cuts - An Investigation of Selection Neglect Bias in Income Expectations

Economists spend much of their lives talking about and correcting for sample selection. Recent evidence from behavioral economics documents that participants in lab experiments don't account for selection effects when they interpret conditional distributions. This "selection neglect" can distort expectations in settings where individuals learn from comparisons with other people who differ in...

13.11.2019| Annekatrin Schrenker
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Does later retirement change your health care consumption? Evidence from France

This paper examines the causal impact of later retirement on outpatient care consumption among the French elderly. Outpatient care are defined as all the care provided out of the hospital setting. This question is of interest since spill effects may arise if later retirement increases health care expenditures. To deal with reverse causality issue, I use, as an instrumental variable, the 1993...

30.10.2019| Elsa Perdrix, Paris School of Economics
Press Release

Increasing numbers of older individuals in Germany burdened by housing costs

Housing costs have risen sharply since 1996, especially for renters - Two thirds of older renting households spend over 30 percent of their income on rent compared with 38 percent in 1996 – People living alone in particular are affected by high housing costs

Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Retirement and informal care provision - Effects of the 1999 pension reform in Germany

Using a reform induced increase in the ERA for German women this paper uncovers causal effects of retirement on informal care provision. Studies so far focus on the causality of labor supply on informal care activity in the middle part of an individual’s working career, mostly neglecting effects of retirement. This paper uses the 1999 reform that abolished the ERA at age 60 for women...

20.02.2019| Björn Fischer
Research Project

The link between pension levels and old-age poverty: Simulation analyses

In this project, we analyze and illustrate the link between pension levels and poverty risk in old age in two steps. First, using stylized calculations, we show how changing pension levels affect the distance between retirement benefits  and basic means-tested social benefits (Grundsicherung im Alter). Second, we analyze the impact of changing pension levels on old-age poverty risk and...

Completed Project| Public Economics
Externe referierte Aufsätze

Labor Supply and Fiscal Effects of Partial Retirement - the Role of Entry Age and the Timing of Pension Benefits

In recent years policy-makers are incentivizing later retirement entry by enabling flexible transitions into retirement through partial retirement. However, empirical evidence shows that the labor supply and related fiscal effects of more flexibility in the pension system, through partial retirement, are ambiguous and strongly depend on the design of partial retirement regimes. Two margins are in particular ...

In: The Journal of the Economics of Ageing 14 (2019), 100187, 15 S. | Peter Haan, Songül Tolan
Externe referierte Aufsätze

The Joint Distribution of Net Worth and Pension Wealth in Germany

The research on wealth inequality has generally focused on real and financial assets, while giving little attention to pension wealth: the present value of future pension entitlements from public and company pension schemes. This is surprising given the important role pension plans play in guaranteeing material security and well‐being for a majority of the population, and suggests that they should ...

In: The Review of Income and Wealth 65 (2019),4, S. 834-871 | Timm Bönke, Markus M. Grabka, Carsten Schröder, Edward N. Wolff, Lennard Zyska

The Effect of Increasing the Early Retirement Age on Savings Behavior before Retirement

Facing a reduction in pension generosity, individuals can compensate the loss by working longer or saving more. This paper shows that the impact of changes in pension generosity on saving crucially depends on the possibility of prolonging future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement age for women born after 1951 in Germany, ...

Bonn: IZA, 2019, 40 S. : Anh.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 12744)
| Stefan Etgeton, Björn Fischer, Han Ye
243 results, from 11