Wöss, Josef; Türk, Erik - In: Wirtschaft und Gesellschaft - WuG 40 (2014) 3, pp. 429-443
Demographic change is one of the key challenges we have to cope with. Adjustments in many areas are required. The impact on welfare states and public pension schemes is mainly addressed by referring to the deterioration of dependency ratios. Unfortunately, in many documents no clear distinction...