This article explores how German pension and retirement policy could be made more sustainable, focusing on selected current options for action rather than attempting to provide a comprehensive overview. Before turning to specific problems and perspectives, the article first discusses key...

Abstract Modifications in pay-as-you-go pension schemes are regularly met with broad public opposition. It is therefore rational for politicians who are interested in reelection to delay necessary reforms as long as possible. Short-termism is the result. Drawing on the concepts of constitutional...

This analysis of data from the German Socio-Economic Panel (SOEP) for the years 1989–91 illuminates important changes in the structure of wages that were occurring in the former East Germany during its transition toward a capitalist economy—and changes that are probably occurring...