This chapter provides an overview of the German long-term care insurance. We document care needs and wellbeing of the elderly population. Moreover, we provide a detailed description of the German long-term care institutions (sources of finance and types of benefits), the professional care work...

Using a highly stylized dynamic microsimulation model, we project the labor force of the United States up to the year 2060 and contrast these projections with projections for Germany to assess differential effects on outcomes The projections are consistent with the U S Census Bureau's and...

The extent of the demographic changes in Europe is dramatic and will deeply affect future labor, financial and goods markets. The expected strain on public budgets and especially social security has already received prominent attention, but aging poses many other economic challenges that...

Schon in zehn Jahren werden dem Arbeitsmarkt fünf Millionen oder gar mehr Arbeitskräfte fehlen. Parallel wird unsere Gesellschaft deutlich altern. Vor welchen Aufgaben stehen Unternehmen und Beschäftigte, Bildungs-, Familien- und Zuwanderungspolitik? Müssen gesellschaftliche Solidarität und...

Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...