The fundamentalist moment -- Coffins and cradles -- America's vanishing labor supply -- The new human environment -- People power -- Fading nations -- The cost of children -- The cost of aging -- The slowing pace of progress -- Home economics -- Freedom and fertility -- Work and families

Wir alle kennen Arbeitslosigkeit IBM Die neue Herausforderung ist die Arbeiterlosigkeit. Die Bevölkerungsentwicklung kannte über Jahrhunderte nur eine Richtung: Wachstum. Doch nun zeichnet sich eine Trendwende ab: Die Bevölkerung wird schrumpfen. In Deutschland, in Europa, und bald auf der...

In seiner Rede beim 3. Munich Economic Summit am 18. Juni 2004 setzte sich Prof. David E. Wildasin, University of Kentucky, mit der Zukunft des Sozialstaates auseinander. Er analysiert die Auswirkung der wirtschaftlichen Integration, vor allen Dingen der Integration von Arbeits- und...

This paper provides empirical evidence showing that smaller countries tend to have more volatile government spending for a sample of 160 countries from 1960 to 2000. We argue that the larger size of a country decreases the volatility of government spending because it acts as an insurance against...

We decompose fiscal policy in three components: i) responsiveness, ii) persistence and iii) discretion. Using a sample of 132 countries, our results point out that fiscal policy tends to be more persistent than to respond to output conditions. We also found that while the effect of cross-country...

This paper explores implications of climate change for fiscal policy by assessing the impact of large scale extreme weather events on changes in public budgets. We apply alternative measures for large scale extreme weather events and conclude that the budgetary impact of such events ranges...