Max Groneck
Biographic Data
| ID | 5805097 |
|---|---|
| NAME | Max Groneck |
| GIVEN NAMES | Max |
| FAMILY NAME | Groneck |
| SIGNATURE | GRONECK M |
| AFFILIATIONS | Stockholm School of Economics |
| ORCID | 0000-0001-6438-2026 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2010 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 0 |
It Sucks to Be Single! Marital Status and Redistribution of Social Security
In this article, we study the labour supply effects and the redistributional consequences of the US social security system. We focus particularly on auxiliary benefits, where eligibility is linked to marital status. To this end, we develop a dynamic, structural life cycle model of singles and couples, featuring uncertain marital status and survival. We account for the socio-economic gradients to both marriage stability and life expectancy. We fin…
The Optimal Portfolio of Payg Benefits and Funded Pensions in Germany
The combination of a pay-as-you-go (PAYG) and a self-funded pension system is studied from a portfolio perspective considering the trade-off between speculation and hedging. We analyze the German PAYG social security system and subsidized private savings (Riester pension). The return and the risk associated with a combination of both systems are simulated in a stochastic economy. Our results suggest that (1) a risk-minimizing structure of total r…
Understanding the Finance of Welfare
No prominent works on this page.
Understanding the Finance of Welfare
The Optimal Portfolio of Payg Benefits and Funded Pensions in Germany
The combination of a pay-as-you-go (PAYG) and a self-funded pension system is studied from a portfolio perspective considering the trade-off between speculation and hedging. We analyze the German PAYG social security system and subsidized private savings (Riester pension). The return and the risk associated with a combination of both systems are simulated in a stochastic economy. Our results suggest that (1) a risk-minimizing structure of total r…
It Sucks to Be Single! Marital Status and Redistribution of Social Security
In this article, we study the labour supply effects and the redistributional consequences of the US social security system. We focus particularly on auxiliary benefits, where eligibility is linked to marital status. To this end, we develop a dynamic, structural life cycle model of singles and couples, featuring uncertain marital status and survival. We account for the socio-economic gradients to both marriage stability and life expectancy. We fin…
Economics (3 works) · Financial Literacy, Pension, Retirement Analysis (2 works) · Gender, Labor, and Family Dynamics (2 works) · Global Health Care Issues (2 works) · Political science (2 works) · Sociology (2 works) · Actuarial science (1 work) · Citation (1 work) · Computer Science (1 work) · Demographic economics (1 work)