Hans Fehr analyzes reform proposals for personal income and corporate taxes and for the German pension system as well as the deficit policy.

Zwei wichtige rentenpolitische Fragen werden aktuell diskutiert und stehen zur Entscheidung an: Soll der Beitragssatz zur gesetzlichen Rentenversicherung gesenkt werden, und sollte eine Zuschussrente zur Verringerung des Altersarmutsrisikos eingeführt werden. Hans Fehr, Universität Würzburg,...

The present paper quantifies the economic consequences of eliminating the system of income splitting in Germany. We apply a dynamic simulation model with overlapping generations where single and married agents decide on labor supply and homework under income and life-span risk. We compute...

The present paper focuses on the trade-off between official liquidity provision and debtor moral hazard in sovereign debt problems. The financial crisis is caused by the interaction of bad fundamentals, self-fulfilling runs of private investors and optimal policies of the national government and...