Heinemann, Friedrich; Hennighausen, Tanja; Moessinger, … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
Although demographic change leaves pay-as-you-go pension systems unsustainable, reforms, such as a higher pension age … (increasing pension age, increasing contributions, cutting pensions) can be analyzed within the framework of an optimal job … pension age. We test this key hypothesis on the basis of the German General Social Survey (ALLBUS). The results are …