Im Folgenden wird zunächst die doppelte Funktion des Wohneigentums als Alters- und Generationenvorsorge analysiert, um die Potentiale des Wohneigentums im Hinblick auf einen Beitrag zur Lösung des "demographischen Problems" aufzuzeigen. Anschließend erfolgt die Vorstellung der Freiburger...

During the next decades the populations of most developed countries will grow older as a result of the low level of birth rates since the 1970s and/or the continuously increasing life expectancy. We show within a Generational Accounting framework how unsustainable the public finances of France,...

In the last decades, the majority of OECD countries has experienced a continuous increase in public debt. The European debt crisis has prompted a fundamental re-evaluation of public debt sustainability and the looming threat of sovereign debt default. Due to a multitude of large scale events in...

This paper provides evidence that most German states (Laender) have unsustainable public finances by exploiting a newly compiled database covering the years 1950‐2011. Although the Laender are closely intertwined we are the first to apply “second generation” panel techniques that control...