Abstract The financial and economic crisis has drawn attention again on the question how sensitive the German public pension system (Gesetzliche Rentenversicherung) reacts to cyclical shocks. We identify three important channels through which business cycle movements may affect the pension...

Abstract Due to its complexity and incomprehensibility the mechanism for the annual pension adjustment has experienced rising criticism. We compare the actual formula and alternative adjustment proposals on the basis of different criteria. It will become evident that the current formula is...

Abstract Against the background of the demographic trend the German Pension System is faced with the question of its financial sustainability. In order to predict future developments or potential reforms we apply a simulation model for the German Pension System (MEA-pensim), which enables us to...

Zusammenfassung: Die Beitragssatzentwicklung in der Gesetzlichen Krankenversicherung (GKV) und der Sozialen Pflegeversicherung (SPV) wird analytisch in einen Demographieeffekt, einen Ausgabenniveaueffekt und einen Einkommenseffekt aufgeteilt. Empirisch zeigt sich, dass der reine...