Die Konsequenzen der demographischen Entwicklung für die Sozialversicherungssysteme sind hinlänglich bekannt. Die Notwendigkeit der verstärkten privaten (Alters-)Vorsorge hat inzwischen in gesetzlichen Regelungen ihren Niederschlag gefunden. Trotz seiner doppelten Vorsorge-Rolle wurde bislang...

During the next decades the populations of most developed countries will grow older as a result of the low level of birth rates since the 1970s and/or the continuously increasing life expectancy. We show within a Generational Accounting framework how unsustainable the public finances of France,...

The German Income Tax Reform 2000, which announced a reduction in income tax rates to be implemented in a series of three stages, was welcomed by the public as a step towards unleashing lurking growth potentials. Nonetheless, in the course of the year 2001 a dispute arose, centering around the...