In 2012, the subsidy for electricity produced by wind turbines - introduced with the Renewable Energy Act (REA) in Germany 2000 - amounts to almost 14 billion Euros or roughly 100% of the corporate income tax revenue. The central aim of this subsidy is to foster investment into renewable energy...

In 2013, around 121 billion US-Dollar were spend worldwide to promote the investment into renewable energy sources. The most prominent support scheme employed is a feed-in tariff, which guarantees a fixed price for electricity produced by renewable energies sources, usually for around 15 years...

In 2013, around 121 billion US-Dollar were spend worldwide to promote the investment into renewable energy sources. The most prominent support scheme employed is a feed-in tariff, which guarantees a fixed price for electricity produced by renewable energies sources, usually for around 15 years...

Subsidies for renewable energy sources are increasing around the globe and amounted to more than 100 billion euro in 2013. This study aims to answer whether the subsidies only ensure that green electricity plants are profitable or whether other market participant–as, for example,...

In 2013, around 121 billion US-Dollar were spend worldwide to promote the investment into renewable energy sources. The most prominent support scheme employed is a feed-in tariff, which guarantees a fixed price for electricity produced by renewable energies sources, usually for around 15 years...

We provide a detailed comparison of financial incentives to work resulting from the tax and benefit systems in three countries: the United Kingdom, Germany and Poland. Financial incentives to work are compared using a range of example family profiles under different assumptions concerning...

The distributional effect of the increase in the compulsory retirement age depends markedly on the individual employment history and the labor market situation. Based on model simulations and administrative data (Scientific Use Files der Rentenzugangsstatistik 2006) we analyze the income effect...

The planned increase of the insurance periods recognized for bringing up children (Mütterrente) will increase the pension contribution rate by an average of 0.3 percentage points and reduce the gross pension level by an average of 0.4 percentage points by 2018. However, since government...

Vor dem Hintergrund der steigenden Lebenserwartung wurde im Jahr 2007 beschlossen, das Renteneintrittsalter in Deutschland stufenweise von 65 auf 67 Jahre anzuheben. Hauptziel dieser Reform war es, den Beitragssatz und die finanzielle Lage der gesetzlichen Rentenversicherung zu stabilisieren....

In this paper, we analyze how life expectancy-driven redistribution of income through a defined pension benefit system impacts on inequality in annual consumption. Our analysis combines a methodology that quantifies life expectancy-driven redistribution through the pension system with a...