Betting on a long life: The role of subjective life expectancy in the demand for private pension insurance of german households

With a view to investigating the presence of adverse selection, we analyze determinants of private pension insurance uptake of German households in a probit model. Using survey data on savings and old-age provision, we find that subjective life expectancy is positively related with the probability of having supplementary private pension insurance. This indicates that the German annuities market is in fact characterized by adverse selection. Furthermore, pre-existing annuities from the public pension system tend to be a substitute to private insurance, while financial literacy enhances the uptake. We also find evidence for a bequest motive in old-age provision, but see no indication for pooling longevity risk within couples. --

Incomes and inequality in the long run: the case of German elderly

We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens for the period from 1978 to 2003, focussing on differences between retired and non-retired elderly and between elderly with residence in the Old and the New German Laender. Inter-temporal changes in income inequality are also decomposed by income sources. To our knowledge, this is the first study that provides comparable and detailed longitudinal income statistics for the German elderly. We find some remarkable inter-temporal patterns. First, the financial situation of the elderly has improved substantially over time. This is true especially for the New Laender, although elderly with residence in the Old Laender remain financially privileged. Within the same age cohort, we also find that non-retired, on average, are financially better-off compared to retired elderly. For reunified Germany, inequality is astonishingly stable over time, but rises significantly since 1993 in the New German Laender. --Pensioner,Inequality,Inequality Decomposition,German Sample Survey Income data

Incomes and inequality in the long run: the case of German elderly

We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens for the period from 1978 to 2003, focussing on differences between retired and non-retired elderly and between elderly with residence in the Old and the New German Laender. Inter-temporal changes in income inequality are also decomposed by income sources. To our knowledge, this is the first study that provides comparable and detailed longitudinal income statistics for the German elderly. We find some remarkable inter-temporal patterns. First, the financial situation of the elderly has improved substantially over time. This is true especially for the New Laender, although elderly with residence in the Old Laender remain financially privileged. Within the same age cohort, we also find that non-retired, on average, are financially better-off compared to retired elderly. For reunified Germany, inequality is astonishingly stable over time, but rises significantly since 1993 in the New German Laender. --Pensioner,Inequality,Inequality Decomposition,German Sample Survey Income data

Universities and the City: from islands of knowledge to districts of innovation

We are witnessing a new trend in the design of university buildings and other ‘knowledge typologies’, that is, buildings in which knowledge is produced or disseminated, such as research laboratories or libraries. Increasingly, their design inverts the image of the closed ‘ivory tower’ through a layered intersection of inside and outside spaces, seeking to draw the life of the city and the life of the institution closely together.Using London’s ‘Knowledge Quarter’ centred in Bloomsbury, Euston and King’s Cross as a focus, this article traces a trajectory of typological evolution of university buildings which includes Adams, Holden and Pearson’s ‘ivory tower’ project for a new headquarters of the University of London (1932), of which only Senate House was built; Leslie Martin’s and Trevor Dannatt’s radical restructuring of the Georgian urban structure through the Development Plan of the University of London (1959); Denys Lasdun’s evolution and typological reworking of this plan through the Institute of Education (1970–1976); and Stanton Williams’ Central St Martins (2008–2011).In this trajectory, we see Martin’s and Dannatt’s Development plan for the University of London as an important pivot in the shift from the ivory tower of academia to the current urban landscape of learning and innovation. This paper argues that the contribution of typology to this urban transformation exceeds the representation of institutional missions and the generic descriptors of place. Instead, it posits that the typological development contributes to a broader urban ecology of change and transformation, one in which the respective urban agency of each project reimagines how urban vitalities, synergies and intensities might be instigated and maintained

Incomes and inequality in the long run: the case of German elderly

We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens for the period from 1978 to 2003, focussing on differences between retired and non-retired elderly and between elderly with residence in the Old and the New German Laender. Inter-temporal changes in income inequality are also decomposed by income sources. To our knowledge, this is the first study that provides comparable and detailed longitudinal income statistics for the German elderly. We find some remarkable inter-temporal patterns. First, the financial situation of the elderly has improved substantially over time. This is true especially for the New Laender, although elderly with residence in the Old Laender remain financially privileged. Within the same age cohort, we also find that non-retired, on average, are financially better-off compared to retired elderly. For reunified Germany, inequality is astonishingly stable over time, but rises significantly since 1993 in the New German Laender

Incomes and inequality in the long run: the case of German elderly

We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens for the period from 1978 to 2003, focussing on differences between retired and non-retired elderly and between elderly with residence in the Old and the New German Laender. Inter-temporal changes in income inequality are also decomposed by income sources. To our knowledge, this is the first study that provides comparable and detailed longitudinal income statistics for the German elderly. We find some remarkable inter-temporal patterns. First, the financial situation of the elderly has improved substantially over time. This is true especially for the New Laender, although elderly with residence in the Old Laender remain financially privileged. Within the same age cohort, we also find that non-retired, on average, are financially better-off compared to retired elderly. For reunified Germany, inequality is astonishingly stable over time, but rises significantly since 1993 in the New German Laender

the case of German elderly

We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens for the period from 1978 to 2003, focussing on differences between retired and non-retired elderly and between elderly with residence in the Old and the New German Laender. Inter-temporal changes in income inequality are also decomposed by income sources. To our knowledge, this is the first study that provides comparable and detailed longitudinal income statistics for the German elderly. We find some remarkable inter-temporal patterns. First, the financial situation of the elderly has improved substantially over time. This is true especially for the New Laender, although elderly with residence in the Old Laender remain financially privileged. Within the same age cohort, we also find that non-retired, on average, are financially better-off compared to retired elderly. For reunified Germany, inequality is astonishingly stable over time, but rises significantly since 1993 in the New German Laender

Essays on Social Policy in Germany: Analyses Based on Survey and Simulated Data

This thesis analyzes two different aspects Social Policy in Germany is concerned with. This relates to (1) the aging of society and (2) the shifting household composition from ‘classic’ families to single-parent households. In Chapter 2 and Chapter 3 we analyze the evolution of the financial situation, the changes in income composition as well as the evolution of income distribution of the elderly on basis of two datasets, the EVS and the SOEP. In Chapter 4 it is examined, whether the German market for private old-age provision is subject to adverse selection in the private pension insurance market. Here we use the SAVE dataset and estimate a probit model of insurance holdings. In Chapter 5 we generate an artificial dataset and derive implicit equivalence scales in order to investigate the equity perceptions that are inherent in the German tax-benefit system. Thereby we specially focus on the German support legislation

Working everywhere and every time? – Chances and risks in crowdworking and crowdsourcing work design

Schulte J, Schlicher K, Maier GW. Working everywhere and every time? – Chances and risks in crowdworking and crowdsourcing work design. Gruppe. Interaktion. Organisation. Zeitschrift für Angewandte Organisationspsychologie (GIO). 2020;51(1):59-69.This article of the journal Gruppe. Interaktion. Organisation (GIO) deals with the question how work and organizational psychology can contribute to a better understanding of work design in crowdwork. Over the last decade, crowdsourcing (CS) has gained much momentum and attention, yet people who use CS as an additional or exclusive source of income are experiencing less consideration overall. Therefore, we define the term crowdwork (CW), and delimit it from related concepts, e.g., CS and gig economy. We then address how work and organizational psychology theory can contribute to the research of CW, with a focus on work design, and where new approaches are necessary. We give an overview of current research in this field, and derive suggestions and recommendations for both further research approaches and also practical application of work design in CW

Systematics of Bromelioideae (Bromeliaceae)—Evidence from Molecular and Anatomical Studies

A reconstruction of the phylogeny of Bromeliaceae based on sequence data from three noncoding chloroplast DNA markers (trnL intron, trnT–trnL, and trnT–trnF intergenic spacer [IGS]) is presented, including 26 genera and 33 species. Relationships of Bromelioideae and phylogeny within this subfamily were analyzed in more detail on the basis of two of these markers (trnL intron and trnL–trnF IGS) using a set of 37 genera/74 species of Bromeliaceae, including 28 genera/60 species of Bromelioideae. Sister group relationships of Bromelioideae were not resolved with sufficient reliability, but the most likely candidates are the genera Fosterella and Puya. The basal phylogeny of Bromelioideae also was not resolved. Greigia, Ochagavia/Fascicularia/Fernseea, Deinacanthon, Bromelia, and a ‘‘core group’’ of the remaining Bromelioideae formed a basal polytomy. Within Bromelioideae, the AFLP technique was applied to assess relationships among selected groups of genera. In the Ochagavia/Fascicularia group (5 species and subspecies/16 accessions), AFLP data fully confirmed the systematic relationships based on morphological and anatomical characters. Investigation of 30 Aechmea species (33 accessions), including all subgenera and one species each from the related genera Ursulaea, Portea, Chevaliera, and Streptocalyx produced no resolution for several of the species. Clades that received good bootstrap support generally did not correspond with the delimitation of subgenera of Aechmea. Additionally, leaf blade anatomy of these species was investigated. The results corresponded partly with those of the AFLP analysis. Generic rank for Ursulaea and Portea was not supported