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The Effect of Health and Employment Risks on Precautionary Savings

This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating future net-income risks. The uncertainty measure takes into account the interdependency of labour market and health status. The model is estimated for prime age males using the German Socio-Economic Panel Study for years 2001-2007. The empirical analysis is conducted using a measure ...

Indirect Fiscal Effects of Long-term Care Insurance

Die Organisation der Altenpflege stützt sich in vielen Ländern auf die Bereitstellung informeller Pflege durch Familienangehörige. In alternden Gesellschaften gerät dieses System jedoch zunehmend unter Druck, da die Nachfrage nach Pflege steigt und gleichzeitig das Potenzial für Familienpflege sinkt. Die informelle Pflege wird aus fiskalpolitischer Sicht häufig als die kostengünstigste Variante der ...

The effects of family policy on maternal labor supply: Combining evidence from a structural model and a quasi-experimental approach

Parental leave and subsidized child care are prominent examples of family policies supporting the reconciliation of family life and labor market careers for mothers. In this paper, we combine different empirical strategies to evaluate the employment effects of these policies for mothers with young children. In particular we estimate a structural labor supply model and exploit quasi-experimental variation ...

Long-term Care Insurance and Carers’ Labor Supply – A Structural Model

In Germany, individuals in need of long-term care receive support through benefits of the long-term care insurance. A central goal of the insurance is to support informal care provided by family members. Care recipients can choose between benefits in kind (formal home care services) and benefits in cash. From a budgetary perspective, family care is often considered a cost-saving alternative to formal ...

Long-term care reform and the labor supply of household members – evidence from a quasi-experiment

Germany introduced a new mandatory insurance for long-term care in 1995 as part of its social security system. It replaced a system based on meanstested social welfare. Benefits from the long-term care insurance are not means tested and depend on the required level of care. The insurance provides both benefits in kind and cash benefits. The new scheme improved the situation for households to organize ...

Labor supply effects of long-term care reform in Germany

Many informal caregivers are of working age, facing the double burden of providing care and working. Negative labor supply effects can severely reduce the comparative cost advantage of informal over formal care arrangements. When designing long-term care (LTC) policies, it is crucial to understand the effects not only on health outcomes but also on labor supply behavior of informal caregivers. We evaluate ...

Short-Run and Long-Term Effects of Childbirth on Mothers' Employment and Working Hours Across Institutional Regimes: An Empirical Analysis Based on the European Community Household Panel

Future public pensions and changing employment patterns across birth cohorts

We analyse the impacts of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a microsimulation model and a rich data set that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced microdata from the German pension insurance. We account for cohort effects in ...

Income, income, or income? The effects of different income measures on health in a national survey

Background - The effects of six income types (household post-government income, Organisation for Economic Cooperation and Development-weighted household post-government income, individual net income, corrected monthly household income and household net income from wages) on subjective health were compared in order to examine to what extent their effects are different. Methods - Data from the German ...

Chances of Employment in a Population of Women and Men After Surgery of Congenital Heart Disease: Comparisons between Patients and the General Population

Objective. It was examined whether women and men (17–45 years) with operated congenital heart disease differ with respect to chances of employment. Patients were compared with the general population. Design. Patients (n = 314) were classified by type of surgery (curative, reparative, palliative) as indicator of initial severity of disease. The second classification was performed according to a system ...