Germany, like many other countries, has undergone a series of pension reforms since the 1980s which generally decreased benefit generosity and increased the retirement age due to demographic pressures. This paper investigates whether these reforms have increased income and wealth inequality...

The COVID-19 pandemic led to significant economic disruptions, prompting many governments to implement short-time employment aid (STEA) to mitigate job losses and income reductions. This study examines the effectiveness of STEA in the short and long term in Europe among workers aged 50 and...

Thanks to the reform process between 1992 and 2007, Germany was in a very good position to master demographic change. These reforms were farsighted, they stabilised the public pension system and they significantly increased employment, the foundation of every old age provision. The “Pension...

Volkswirtschaftslehre ist eigentlich ein lebendiges Fach. Tagtäglich stehen Schlagzeilen in der Zeitung, die über Wirtschaftswachstum, Arbeitslosigkeit, Inflation, Währungs­ turbulenzen oder das Anwachsen der Sozialversicherungsbeiträge berichten. Wir ma­ chen uns um unser Einkommen...

Europeans are living longer, and fewer now remain in the labour force as they grow older. Many European countries have responded to the ensuing financial pressure by reforming their public pension systems and health care programmes. There is considerable uncertainty as to the effects of these...