In den vergangenen Jahren sind verschiedene Initiativen zur Stärkung des »sozialen Europas« verfolgt worden. Eine Angleichung oder Zentralisierung nationaler Sozialpolitiken ist jedoch aus Gründen der Subsidiarität nicht erstrebenswert. Die Europäische Kommission sollte im Rahmen des...

This paper analyzes behavioral responses to a reform in the German public pension system that allowed individuals with a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 reform, individuals with 45 contribution years could...

In this paper, we present a dynamic scoring analysis of tax reforms for European countries. In this analysis we account for the feedback effects resulting from the adjustment in the labour market and for the economy-wide reaction to tax policy changes. We combine the microsimulation model...

This paper analyzes behavioral responses to a reform in the German public pension system that allowed individuals with a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 reform, individuals with 45 contribution years could...

One central lesson of the sovereign debt crisis is that the Eurozone (and the EU) needs institutional reform. Many observers argue that the monetary union should be complemented by a fiscal union . In this paper we provide the first quantitative analysis of important economic effects of an EU...

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system to study this question. In 2004, pension authorities started to send out annual letters providing information about the pension system and expected pension payments. Using...

In this paper, we present a dynamic scoring analysis of tax reforms for EU countries, accounting for the feedback effects resulting from the adjustment in labour supply and economy-wide reaction to tax policy changes. We combine the microsimulation model EUROMOD incorporating an estimated labour...

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system to study this question. As of 2005 (with a phase-in period between 2002-04), the German pension administration started to send out annual letters providing detailed and...

In this paper, we present the first dynamic scoring exercise linking a microsimulation and a dynamic general equilibrium model for Europe. We illustrate our novel methodology analysing hypothetical reforms of the social insurance contributions system in Belgium. Our approach takes into account...