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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
Diskussionspapiere 1809 / 2019

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

This paper analyzes the impact of a reduction in women's labor supply through retirement on their informal care provision. Using SOEP data from the years 2001- 2016 the analysis addresses fundamental endogeneity problems by applying a fuzzy regression discontinuity design. We exploit early retirement thresholds for women in the German pension system as instruments for their retirement decision. We ...

2019| Björn Fischer, Kai-Uwe Müller
Monographien

Labor Market and Distributional Effects of an Increase in the Retirement Age

We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 for women. We use a regression discontinuity design which exploits the immediate increase in the ERA between women born in 1951 and 1952. The analysis is based on the German micro census which includes about 370,000 households per year. We focus on heterogeneous labor market effects ...

Bonn: IZA, 2018, 31 S.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 11618)
| Johannes Geyer, Peter Haan, Anna Hammerschmid, Michael Peters
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 (2020), im Ersch. [online first: 2020-06-17] | Björn Fischer, Kai-Uwe Müller
Externe referierte Aufsätze

The Rising Longevity Gap by Lifetime Earnings: Distributional Implications for the Pension System

This study uses German social security records to provide novel evidence on cohort trends of the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and life expectancy at age 65 and show that the longevity gap is increasing across cohorts. For ...

In: The Journal of the Economics of Ageing (2020), im Ersch. [online first: 2019-05-16] | Peter Haan, Daniel Kemptner, Holger Lüthen
DIW Weekly Report 25 / 2019

Gender Pension Gaps in Europe Are More Explicitly Associated with Labor Markets than with Pension Systems

In many European countries, there is a substantial gender pension gap. Yet, these gaps vary strongly across countries. This cross-national study examines to what extent institutional and labor market-specific factors correlate with gender pension gaps. The findings show that the gender pension gap tends to be larger in countries with larger gender-specific differences in the employment or part-time ...

2019| Anna Hammerschmid, Carla Rowold
DIW Weekly Report 46/47/48 / 2019

100 Years of the Modern German Tax System: Foundation, Reforms, and Challenges

The tax and fiscal reforms headed by German finance minister Matthias Erzberger in 1919 and 1920 fundamentally reshaped German public finances. The total tax revenue as a percentage of GDP, or tax-to-GDP ratio, doubled and increased continually until the end of World War II. Since the 1950s, the tax-to-GDP ratio has remained between 22 and 24 percent of GDP most of the time. West Germany’s economic ...

2019| Stefan Bach
Externe referierte Aufsätze

Unemployment and Business Cycles

We develop and estimate a general equilibrium search and matching model that accounts for key business cycle properties of macroeconomic aggregates, including labor market variables. In sharp contrast to leading New Keynesian models, we do not impose wage inertia. Instead we derive wage inertia from our specification of how firms and workers negotiate wages. Our model outperforms a variant of the standard ...

In: Econometrica 84 (2016), 4, S. 1523-1569 | Lawrence J. Christiano, Martin S. Eichenbaum, Mathias Trabandt
Externe referierte Aufsätze

Health-Related Life Cycle Risks and Public Insurance

Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks, productivity and preferences, and the financial incentives of the German public insurance schemes. The estimation uses data on male employees and an extended expectation-maximization ...

In: Journal of Health Economics 65 (2019), S. 227-245 | Daniel Kemptner
239 results, from 21