Pension reform is one of the most pressing issues on the current and future agenda of policy and economic research. Georg Hirte develops and uses a uniform framework for analyzing the effects of pension reforms on redistribution and efficiency among the different generations and the political...

Michael Stimmelmayr undertakes the intricate task of analyzing the outcome and especially the efficiency gains of capital income tax reforms. The simultaneous alteration of several tax rates will induce multiple economy wide repercussions, as firms and households change their optimal behaviour...