This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension insurance and find that, on average, ...
The COVID-19 pandemic and related closures of daycare centers and schools significantly increased the amount of care work done by parents. There is much speculation over whether the pandemic increased or decreased gender equality in parental care work. Based on representative data for Germany we present an empirical analysis that shows greater support for the latter rather than the former hypothesis. ...
Die Maßnahmen zur Eindämmung der Pandemie wirken sich kurzfristig erheblich auf den Arbeitsmarkt aus. Die Kurzarbeit ist massiv angestiegen und auch die Arbeitslosigkeit hat zugenommen. In diesem Bericht unter-suchen wir anhand des Dynamischen Mikrosimulationsmodells (DySiMo) des DIW Berlin die Folgen der Krise für die individuellen Rentenanwartschaften der älteren Erwerbsbevölkerung (Alter 50 bis ...
We review income and wealth inequality in Germany and its trends. We hierarchize its drivers andderive possible options for policy makers. A focus should be placed on reforming the labour market,reforming the tax and transfer system and taxing capital income or wealth to target the underlyinginequality, which contributes significantly to the increase in inequality of net household incomes.Targeting ...
We estimate the impact of parental health on adult children's labor market outcomes. We focus on health shocks which increase care dependency abruptly. Our estimation strategy exploits the variation in the timing of shocks across treated families. Empirical results based on Austrian administrative data show a significant negative impact on labor market activities of children. This effect is more pronounced ...
Based on findings from high-income countries, typically economists hypothesize that having more children unambiguously decreases the time mothers spend in the labor mar- ket. Few studies on lower-income countries, in which low household wealth, informal child care, and informal employment opportunities prevail, find mixed results. Using Mexican census data, I find a positive effect of an instrument-induced ...
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 ...
Using quantile regression methods, this paper analyses the gender wage gap across the wage distribution and over time (1990-2014), while controlling for changing sample selection into full-time employment. Our findings show that the selection-corrected gender wage gap is much larger than the one observed in the data, which is mainly due to large positive selection of women into fulltime employment. ...
Die Studie vergleicht die Brutto- und Nettoerträge von gesetzlicher und betrieblicher Altersversorgung für eine Auswahl typisierter Personen. Es wird deutlich, dass es "die" Rendite nicht gibt, weil viele individuelle und systemische Faktoren erheblichen Einfluss haben: Die Renditen unterscheiden sich je nach Geburtsjahrgang, Erwerbsverlauf einschließlich Einkommensniveau, Familienstand und demografischer ...
