During the next few decades the populations of most developed countries will grow older and older as a result of the low fertility rates since the 1970s and/or the continuously increasing life expectancy. Poland, one of the biggest countries in Central Europe, will be confronted rather seriously...

Based on Austria's fiscal stance in 1995, we compute the generational accounts for currently living as well as future generations. The results reveal the existence of an enormous intergenerational imbalance in favor of currently living generations. Total public sector liabilities may be more...

Mit Ausnahme der Wirtschaftswunderjahre dürfte wohl kaum eine Regierung in der Geschichte der Bundesrepublik Deutschland zu Beginn ihrer Amtszeit bessere Ausgangsbedingungen vorgefunden haben als die seit Dezember 2013 regierende Neuauflage der Großen Koalition. Für die langfristige...