Diskussionspapiere 986 / 2010
In this paper we use a dynamic structural life-cycle model to analyze the employment, fiscal and welfare effects induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including unemployment insurance benefits which depend on an individual's employment and earnings history. The model also captures the endogenous accumulation of experience which ...
2010| Peter Haan, Victoria Prowse
SOEPpapers 408 / 2011
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 status and health. 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 ...
2011| Johannes Geyer
SOEPpapers 419 / 2011
Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring against income risks. But studies measuring redistribution often focus only on a one-year period. Using German SOEP data from 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter- and intra-individual component. Results show that annual inequality ...
2011| Charlotte Bartels
SOEPpapers 399 / 2011
Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in their life satisfaction when they retire. These results are robust to controlling for changes in other life ...
2011| Clemens Hetschko, Andreas Knabe, Ronnie Schöb
Vierteljahrshefte zur Wirtschaftsforschung 4 / 2001
Beginning with a review of Japanese welfare state reform in 1990s, we discuss similarities and differences between Japan and Germany in the implementation of three major reforms: public pension reform, health care reform and introduction of long-term care insurance. The latest public pension reform in both countries has the same aim: to establish middle- and long-term stability of the system against ...
2001| Tetsuo Fukawa
Externe referierte Aufsätze
Severance pay often results from a bargain between the firm and the employee to avoid or terminate a legal conflict. We theoretically investigate how income taxation affects these negotiations. Using panel data from West Germany and exploiting a change in tax law in 1999, we find that a higher income tax on severance pay reduces the probability of obtaining it and - in some specifications - also lowers ...
16 (2009), 1, S. 107-118
| Laszlo Goerke, Markus Pannenberg
SOEPpapers 219 / 2009
I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the Netherlands and the German Socio-Economic Panel. Instrumenting individual happiness with regional sunshine, the results suggest that happier people save more, spend less, and have a lower marginal propensity to consume. Happier people take more time for making decisions and have more ...
2009| Cahit Guven
Vierteljahrshefte zur Wirtschaftsforschung 1 / 2001
This paper examines how the economic well-being of households changes after a male household member exits the labor force. We examine, in four countries, labor force exits at various ages and present evidence on household income from various sources before and after the exit occurs. We focus on the rate at which household income is replaced through public and private means after labor force exit. We ...
2001| Richard V. Burkhauser, Dean R. Lillard, Paola M. Valenti
DIW Berlin - Politikberatung kompakt 86 / 2014
2014| Sebastian Dullien, Ferdinand Fichtner, Peter Haan, Laslo Jaeger, Max Jansen, Richard Ochmann, Erik Tomasch
Externe referierte Aufsätze
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this question, we use micro data to estimate a structural life-cycle model of individuals' employment, retirement and consumption decisions. We calculate that, in the case of Germany, an increase of 3.76 years in the pension age thresholds or a cut of 26.8% in the per-year value ...
Journal of Econometrics
178 (2014), 3, S. 582-601
| Peter Haan, Victoria Prowse