This article explores how German pension and retirement policy could be made more sustainable, focusing on selected current options for action rather than attempting to provide a comprehensive overview. Before turning to specific problems and perspectives, the article first discusses key...

The “FAZ Economists Ranking”, which considers not only economists’ research output but also their political and public influence, shows that there are very few economists currently doing research that has been taken up widely in the research community, in the media and by policy makers....

Most German economists show strong patterns of professional specialisation. In their work, they either focus on basic research or on policy consultancy. The evidence provided by Haucap und Mödl has been used to question work incentives in academia. The suggestion to change work incentives,...

The German government plans to introduce a minimum wage from 2015. This must be understood as a response to the decline in collective bargaining coverage and the marked increase in employment in the low-wage sector. The authors discuss how many workers are affected by this new regulation and...

The European Central Bank (ECB) recently announced its willingness to do whatever is needed to save the euro. This has raised the question whether such a role of the ECB must lead to higher rates of infl ation. Under current recessive macroeconomic conditions in the eurozone, the ECB’s...

Looking around the world, one realizes that national minimum wages are not uncommon. Yet it is still very difficult to estimate what effects a minimum wage might have in Germany. This is not just a question of how high the minimum wage should be — its impacts would also depend on many details...

In Germany in the last decade, corporate incomes have increased much more sharply than private household incomes. At the same time, the inequality of household incomes has increased. High-income households have profited particularly from investment income and self-employment. The income gap has...