Advanced Search
MyIDEAS: Login

Is There a Growing Risk of Old-Age Poverty in East Germany?

Contents:

Author Info

  • Stefan Krenz
  • Wolfgang Nagl
  • Joachim Ragnitz

Abstract

Is old-age poverty becoming a serious problem in Germany? Long-term unemployment and increasing disruptions in employment biographies induce shrinking retirement arrangements. We analyze the income security through the statutory pension scheme, which is still the most important income source for pensioners. Therefore we develop a micro-simulation-model to compare the situation of new retirees in 2020–2022 to those in 2004–2006. We do this for the most common household-types in East and West Germany in respect to gender and education in order to find specific differences. For both parts of Germany education is the key to a sufficient statutory pension. The currently higher average pensions in East Germany will decrease over time. In general, the probability of old-age poverty increases. Our findings help to clarify the risk of post-retirement poverty for specific household constellations. Comment by Jürgen Schupp.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Duncker & Humblot, Berlin in its journal Applied Economics Quarterly.

Volume (Year): 60 (2009)
Issue (Month): Supplement ()
Pages: 35-54

as in new window
Handle: RePEc:aeq:aeqaeq:v60_y2009_is_q5_p35-54

Contact details of provider:
Web page: http://www.duncker-humblot.de

Order Information:
Email:
Web: http://www.duncker-humblot.de/index.php/zeitschriften/wirtschafts-undsozialwissenschaften/appliedeconomicsquarterly.html

Related research

Keywords: statutory pension system; old-age poverty risk; pension distribution; micro-simulation model;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Geyer, Johannes & Steiner, Viktor, 2010. "Public Pensions, Changing Employment Patterns, and the Impact of Pension Reforms across Birth Cohorts: A Microsimulation Analysis for Germany," IZA Discussion Papers 4815, Institute for the Study of Labor (IZA).
  2. Stefan Arent & Alexander Eck & Oskar Krohmer & Robert Lehmann & Wolfgang Nagl & Joachim Ragnitz & Marcel Thum, 2011. "Wirtschaftliche Entwicklung Sachsens im Ländervergleich: Bestandsaufnahme und Perspektiven: Gutachten im Auftrag der Sächsischen Staatskanzlei," ifo Dresden Studien, Ifo Institute for Economic Research at the University of Munich, number 59, October.
  3. Stefan Arent & Wolfgang Nagl, 2010. "Binnenwanderungssalden der sächsischen Landkreise," ifo Dresden berichtet, Ifo Institute for Economic Research at the University of Munich, vol. 17(05), pages 5-10, October.
  4. Stefan Krenz & Wolfgang Nagl, 2009. "A Fragile Pillar: Statutory Pensions and the Risk of Old-age Poverty in Germany," Ifo Working Paper Series Ifo Working Paper No. 76, Ifo Institute for Economic Research at the University of Munich.
  5. Stefan Arent, 2012. "Zuschussrente: Die Diskussion um die Altersarmutsgefährdung," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 65(19), pages 21-25, October.
  6. Ingmar Kumpmann & Michael Guehne & Herbert S. Buscher, 2012. "Armut im Alter – Ursachenanalyse und eine Projektion fuer das Jahr 2023," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 232(1), pages 61-83, January.
  7. Wolfgang Nagl, 2009. "Fiskalische Belastung durch staatliche Unterstützungsleistungen im Alter 2020 in Sachsen," ifo Dresden berichtet, Ifo Institute for Economic Research at the University of Munich, vol. 16(03), pages 11-16, 06.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:aeq:aeqaeq:v60_y2009_is_q5_p35-54. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Deborah Anne Bowen).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.