, this will be illustrated for the cases of France, Germany, Italy, Japan, Sweden, …

, this will be illustrated for the cases of France, Germany, Italy, Japan, Sweden, the UK, and the US. The results are based …

countries. France, Germany, and Italy have large pay-as-you-go pension systems and vulnerable labor markets. At the same time …

Like in many other OECD countries, the population will age rapidly in Germany during the next decades. This undermines … the demographic transition in Germany. Given the current unfunded pension system, the model first calculates a baseline …

The primary objective of this paper is to explore the determinants of the level of, and trends over time in, Japan … trends therein. The paper finds that Japan's household saving rate has not always been high either absolutely or relative to … 25-year period from 1961 to 1986 that it exceeded 15%. Past and future trends in Japan's household saving rate can …

We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We … Germany does not help to improve its fiscal sustainability, and only an increase in the retirement age to 70 years will help …