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268 results, from 11
Diskussionspapiere 1985 / 2021

The Effects of an Increase in the Retirement Age on Health: Evidence from Administrative Data

This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort-specific pension reform for women using two complementary empirical approaches - a Regression Discontinuity Design and a Difference-in- Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and including all ...

2021| Mara Barschkett, Johannes Geyer, Peter Haan, Anna Hammerschmid
DIW Weekly Report 40 / 2021

20 Years of the Riester Pension - Personal Retirement Provision Requires Reform

Introduced 20 years ago as a part of the 2001 pension reform, the Riester pension is meant to function as an essential component of the German pension system with the aim of compensating for decreasing public pensions. However, data collected by the SOEP show that this objective has not yet been achieved. For ten years, use of the Riester pension plan has been stagnating at around 25 percent of the ...

2021| Johannes Geyer, Markus M. Grabka, Peter Haan
SOEPpapers 1137 / 2021

SOEP-RV: Linking German Socio-Economic Panel Data to Pension Records

The aim of the project SOEP-RV is to link data from participants in the German Socio-Economic Panel (SOEP) survey to their individual Deutsche Rentenversicherung (German Pension Insurance) records. For all SOEP respondents who give explicit consent to record linkage, SOEP-RV creates a linked dataset that combines the comprehensive multi-topic SOEP data with detailed cross-sectional and longitudinal ...

2021| Holger Lüthen, Carsten Schröder, Markus M. Grabka, Jan Goebel, Tatjana Mika, Daniel Brüggmann, Sebastian Ellert, Hannah Penz
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

The dynamics of informal and formal care supply to parents - a structural model

In this paper, we estimate a structural dynamic discrete choice model of informal as well as formal care provision, retirement and labor supply. The model allows to assess the dynamic consequences of providing informal care or organizing formal care for parents, e.g., due to reduced wages, pension benefits, or benefits from long-term care insurance. Further, it allows to analyze counterfactual...

21.07.2021| Björn Fischer
SOEPpapers 1141 / 2021

Pension Wealth and the Gender Wealth Gap

We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account employment characteristics of women and men, we are able and identify the extent to which the redistributive effect of pension rights reduces the gap. The empirical basis of this examination is the Socio-Economic Panel (SOEP), which is one of the few datasets where information on wealth ...

2021| Karla Cordova, Markus M. Grabka, Eva Sierminska
Externe referierte Aufsätze

Equilibrium Effects of Tax Exemptions for Low Pay

Across the world, tax exemptions for jobs with low earnings intend to incite non-participating workers to rejoin the labor market. However, such tax exemptions may also have negative equilibrium effects. The German minijob tax exemption offers a convenient case to identify equilibrium effects as it applies to some but not to other low-wage jobs. We build and estimate a structural job search model with ...

In: Labour Economics 69 (2021), 101976, 15 S. | Luke Haywood, Michael Neumann
Diskussionspapiere 1941 / 2021

Employment Responses to Income Effect: Evidence from Pension Reform

For the design of the pension system, it is crucial to disentangle the employment responses related to the substitution effect and the income effect. In this paper, we provide causal evidence regarding the importance of the income effect, which is generally assumed to be small or non-existent. We exploit a pension reform in Germany that raised pension bene- fits related to children. For the identification, ...

2021| Sebastian Becker, Hermann Buslei, Johannes Geyer, Peter Haan
Monographien

Working Life and Human Capital Investment: Causal Evidence from Pension Reform

This paper presents a life-cycle model with human capital investment during working life through training and provides a novel empirical test of human capital theory. We exploit a sizable pension reform across adjacent cohorts in a regression discontinuity setting and find that an increase in working life increases training. We discuss and test further predictions regarding the relation between initial ...

Bonn: IZA, 2020, 40 S.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 12891)
| Niklas Gohl, Peter Haan, Elisabeth Kurz, Felix Weinhardt
Externe referierte Aufsätze

Early Retirement as a Privilege for the Rich? A Comparative Analysis of Germany and Switzerland

This contribution analyses early retirement in Germany and Switzerland with a focus on financial resources. Using data from CH-SILC linked to administrative records and the German SOEP, we distinguish three different financial resources: namely, pre-retirement labour income, net worth and pension entitlements. High labour income reduces the probability for early retirement. In contrast, high pension ...

In: Advances in Life Course Research 47 (2021), 100392, 10 S. | Ursina Kuhn, Markus M. Grabka, Christian Suter
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Increasing employment and family care? A structural analysis of pension and long-term care policy reforms

We develop a comprehensive life-cycle model of elder parent care and work to evaluate options that address pressing conflicts between pension and long-term care (LTC) policies. Many OECD countries react to challenges of demographic change by increasing LTC by family members (informal care) and raising retirement ages. This intensifies conflicts between paid employment and informal care provision....

25.11.2021| Björn Fischer
268 results, from 11
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