Abstract Immigration has a twofold impact on the sustainability of German fiscal policy. First, due to its positive impact on population size the fiscal burden spreads more shoulders i. e. the burden per capita declines (demographic effect). Second, the socioeconomic differences across natives...

Abstract In this paper Bernd Raffelhüschen gives some insights into the political decision making process which changed the latest German pension reform from a fundamental step towards sustainability into a reform to be reformed. Nevertheless, he explains that the pension reform still bears a...

Abstract In their contribution Bernd Raffelhüschen and Jasmin Häcker point out that by now it is common knowledge that the German Long-term Care Insurance (LTCI) is in urgent need of a broad reform. Without any doubt, two fundamental mistakes have been made from the scretch: First, it was...

Abstract The design of the German statutory long-term care insurance (LTCI) is deficient in many respects. One of the major flaws in nursing home care is the inherent incentive problem concerning the relationship of the insured, the insurers and the nursing homes: For one, there is no...