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URL:
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https://ub-madoc.bib.uni-mannheim.de/2442
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URN:
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urn:nbn:de:bsz:180-madoc-24429
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Document Type:
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Working paper
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Year of publication:
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2009
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The title of a journal, publication series:
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MEA Discussion Papers
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Volume:
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188
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Place of publication:
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Mannheim
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Publication language:
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English
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Institution:
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School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
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MADOC publication series:
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Veröffentlichungen des MEA (Mannheim Research Institute For the Economics of Aging) > MEA Discussion Papers
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Subject:
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330 Economics
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Classification:
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JEL:
D84 H55 H30 J10 ,
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Subject headings (SWD):
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Deutschland <Östliche Länder> , Rente , Rentenalter , Öffentliche Meinung , Umfrage
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Keywords (English):
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retirement , health , work ability , survey experiment , public opinion poll , PAYG pension system , East Germany
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Abstract:
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For policy reforms to increase a society's welfare, reliable information on people's preferences and expectations is crucial. Representative opinion polls, often involving simplified questions about the complex topics under debate, are an important source of information for both policy-makers and the public. Do people's answers to these poll questions reliably reflect their preferences and expectations, or does fundamental, undiscriminating opposition to reforms distort them? We address this question in the context of a recent German pension reform which raised the statutory retirement age by two years to age 67. By introducing an experiment into a representative household survey, we are able to disentangle expectations of work ability at retirement and fundamental opposition. Our results show that expected work ability declines substantially with increasing target age (63, 65, or 67 years). Answers from West German respondents re°ect their current life situation as well as individual health nd other risk factors. However, a fundamental opposition to reforms of the welfare state appears to strongly affect responses from East German households.
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MEA Discussion Papers
Mannheim
188
[Working paper]
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