, in particular of public pensions. Current costs are high, and the pressures will increase due to population aging and … negative incentive effects. This paper focuses on the pension reform process in Europe. It links the causes for current … policy prescription that can solve all problems at once. Reform elements include a freeze in the contribution and tax rates …

Riester pensions are voluntary, but heavily subsidized private pension schemes in Germany. They were designed as a … generosity of the public pay-as-you-go pensions in response to population aging. This paper investigates how the uptake of the … recently introduced "Riester pensions" depends on the state-provided saving incentives and how well the targeting to families …

focuses on three large Continental European countries: France, Germany, and Italy. These countries have large pay … market reform. While there is no shortage of reform proposals to address population aging, most of those focused on pension … and labor market reform, little is known about behavioral reactions to such reforms. This paper therefore sheds light on …

endowed with individual accounts equals the gross contributions" of this member. In Germany, this is an amount of about DM 175 …

The paper discusses the options for a reform of the German pension system using a model developed at CES for the German … the time path of pensions as defined in the present system …

large. Abolishing an earnings test as part of a “flexibility reform” may therefore create more labor supply but at the same …

pensions for a longer time while there are less workers per retiree to shoulder the financial burden of the pension systems …