An overlapping generations model is set up in this paper to analyze social security policy in a representative democracy with asymmetric information. The model considers not only redistribution between generations but also redistribution within generations according to individual labor incomes....

In this paper redistribution policy is analyzed in a 2-period overlapping generations model with heterogeneous individuals and asymmetric information between the government and the private sector. Individuals of the same generation differ with respect to their labor productivity. In each period,...

This paper analyzes intergenerational redistribution in a 2-period overlapping-generations model of a representative democracy. The model incorporates redistribution between generations and redistribution within generations, allowing for heterogeneous labor productivities in the working...

Why are empirically observed tariffs so much lower than theoretically calculated Nash-equilibrium tariffs? We argue that this gap can be narrowed by using a dynamic model instead of a static model. This approach has two advantages. (i) It allows us to take account of the transitional process...

This paper takes stock of German public support measures in favour of families. The database comprises benefits from family-specific norms of tax law as well as cash and in-kind transfers both from public budgets (federal, states’ and local layer) and from the social insurance system...

The paper deals with the issue in how far the fiscal policy of the German Laender can be considered as sustainable. Comparing the fiscal policy stance and budgets of the 16 German states, only Bavaria and Saxony are pursuing a fiscal policy which may be labelled as sustainable. The other states...

In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany. Government expenditures in relation to GDP were reduced, income tax rates were lowered and the budget deficit declined. The structure of government expenditures changed in favor of...

Subsidy expenditures granted by the German federal layer decreased in the 2000 to 2004 period from €39.6 billion to €33.7 billion, measured according to a comprehensive definition of subsidies. In a narrower definition, figures accounted for about €2 billion below that level. From 2005...

Die Finanzhilfen der Länder und ihrer Gemeinden waren im Jahr 2007 in weiter Abgrenzung mit (geplanten) 61,3 Mrd. Euro deutlich niedriger als im Jahr 2000 (65 Mrd. Euro). Ohne Grenzfälle gerechnet ergibt sich ein analoger Verlauf auf einem zwischen 4 und 5 Mrd. Euro niedrigeren Niveau. Mit...