The paper analyses the impact of demographic developments on the German pension system until the year 2060. The projections are simulated for a range of assumptions on the latest demographic trends and on the labour market and comprise the latest pension legislation. As a central innovation we...

Martin Debus Arbeitsmarkteffekte des demografischen Wandels PETER LANG Internationaler Verlag der Wissenschaften Inhaltsverzeichnis Abbildungsverzeichnis xiii Tabellenverzeichnis ...

Demographic change belongs to the mega-trends of the 20th and the 21st century. The ongoing aging process in major industrialized countries gives rise to the relative scarcity of raw labor and the relative abundance of physical capital. Standard macroeconomic models suggest that this depresses...