Martin Werding beginnt die schrittweise Rekonstruktion des sogenannten "Generationenvertrages" bei neueren Ansätzen zu einer ökonomischen Fertilitäts-Theorie. Deren enge Verbindung zu den ähnlich langfristigen Entscheidungen über individuelle wie private Altersvorsorge wurden bislang selten...

Since its inception, the traditional form of providing survivor benefits within public pension schemes has lost much of its legitimacy. As a result of fundamental changes in marriage behaviour and the typical division of labour between married spouses, offering noncontributory benefits of this...

Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...