Based on Austria's fiscal stance in 1995, we compute the generational accounts for currently living as well as future generations. The results reveal the existence of an enormous intergenerational imbalance in favor of currently living generations. Total public sector liabilities may be more...

This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the Austrian social security database is merged with a dataset that contains very detailed information on all pension-relevant information on the individual level, e.g. insurance records...

A challenge facing countries with an ageing population is how to retain a larger proportion of older workers in the work force while at the same time maintaining productivity growth - the latter being a necessary condition for economic sustainability of globalised economies. Apart from...