Kassenboehmer and DeNew (2012) claim that there is no well-being age U-shape effect for Germany, when controlling for fixed effects and respondent experience and interviewer characteristics in the German Socio-Economic Panel, 1994-2006. We re-estimate with a longer run of years and restrict the...

In Germany, a thread to growth is perceived from demographic change. Demographic change means that a population is aging with the perspective of shrinking. The key question is whether an aging and shrinking population has enough talents to sustain the innovation process that is at the basis of...