Archive: Nicola Fuchs-Schündeln
Abstract We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4 percent per child born before January 1992. Using administrative data on the universe of working histories, we implement a difference-in-differences design comparing women…
Abstract German reunification was a large, unexpected shock for East Germans, with different economic consequences for different birth cohorts. Exploiting German reunification as a natural experiment, I analyze the validity of the life-cycle consumption model. In the empirical part, I derive three stylized features concerning the saving behavior of East vs. West Germans in t…
