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of German households. Similar to most other central European countries, Germany is likely to face a period of increasing …
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differences in the fraction of adults co-residing with their parents. Comparing Germany and Italy, we show that in contrast to … capture the three-way trade-off between owning, renting, and co-residing. Calibrating the model to Germany we explore the role …
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This paper presents long term projections of the German pension system that are based on a general equilibrium model with overlapping generations (OLG). This framework takes into account the two way feedback of both micro and macroeconomic relationships, meaning that households, for example,...
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