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Rentenreform und Rentenzugangsentscheidung – Eine numerische Gleichgewichtsanalyse

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  • Manuel Kallweit

    ()
    (Universität Wuerzburg)

Abstract

The paper presents a numerical general equilibrium model in which agents decide about their retirement age. In this context policy reforms like an increase of the normal retirement age, higher discounts for early retirement or the introduction of flat or minimum pensions are simulated. While future generations benefit from the first two reforms, they suffer from the latter. There are three central findings : First, higher discounts have a stronger effect on the retirement decision than an increase in normal retirement age. Second, the timing of retirement is significantly affected by an introduction of flat pensions. Third, models with an explicit retirement decision can lead to different policy implications compared to models in which retirement age is exogenous.

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Bibliographic Info

Article provided by Justus-Liebig University Giessen, Department of Statistics and Economics in its journal Journal of Economics and Statistics.

Volume (Year): 229 (2009)
Issue (Month): 4 (August)
Pages: 426-449

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Handle: RePEc:jns:jbstat:v:229:y:2009:i:4:p:426-449

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Related research

Keywords: OLG-modell; endogenous retirement; minimum pension;

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References

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  1. Beetsma, R.M.W.J. & Bettendorf , L.J.H. & Broer, D.P., 2003. "The budgeting and economic consequences of ageing in the Netherlands," Open Access publications from Tilburg University urn:nbn:nl:ui:12-383717, Tilburg University.
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  7. Bucher-Koenen, Tabea & Wilke, Christina, 2008. "Zur Anhebung der Altersgrenzen: Eine Simulation der langfristigen Auswirkungen auf die gesetzliche Rentenversicherung bei unterschiedlichem Renteneintrittsverhalten," Sonderforschungsbereich 504 Publications 08-44, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
  8. Eric French, 2000. "The effects of health, wealth, and wages on labor supply and retirement behavior," Working Paper Series WP-00-2, Federal Reserve Bank of Chicago.
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  17. Oliver Ehrentraut & Matthias Heidler, 2008. "Zur nachhaltigen Finanzierung der GRV: Der Beitrag der Altersgrenzenanhebung im Rentenreformprozess," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(4), pages 424-445, November.
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Cited by:
  1. Kallweit, Manuel & Kohlmeier, Anabell, 2012. "Zusatzbeiträge in der Gesetzlichen Krankenversicherung: Weiterentwicklungsoptionen und ihre finanziellen sowie allokativen Effekte," Working Papers 06/2012, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.

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