Germans retire early. On the one hand, early retirement is very costly and amplifies the burden which the German public pension system has to carry due to population aging. On the other hand, however, early retirement is also seen as a much appreciated social achievement which increases the well-being especially of those workers who suffer from work-related health problems. This paper investigates ...
Pay-as-you-go pension systems provide insurance against longevity-related old-age poverty and related risks. They are commonly also used as instruments for redistribution. This paper provides several estimates of the insurance and transfer share of the German public pension system. Estimating these shares is important because they are indicative of taxation-related deadweight losses and influence public ...
Die Deutschen schuften immer häufiger in zwei Jobs – vor allem Single-Frauen
Können sich Menschen an Arbeitslosigkeit gewöhnen? Beruhigt es sie, wenn viele andere Leute in ihrem Umfeld ebenfalls ohne Job sind? Nein, haben Forscher jetzt herausgefunden. Arbeitslosigkeit schmerzt die Menschen sogar mehr als eine Trennung vom Partner.