In the present paper the effects of different pay-as-you-go pension systems on fertility decisions of a representative household are examined. Thereby, the analysis focuses especially on the interplay of parental quantity and quality decisions, introduced by Becker (1960). As it will be shown, a...

Even though the cost for owner-occupied homes fell sharply in the last years, homeownership rates in the EU remain sluggish. Sound economic policy would promote homeownership especially as rents are on the rise. Policies that facilitate schemes such as equity release options, housing saving...

Home buyers in Germany not only have to pay high down payments for financing their property, but they also have to pay high transaction costs. Besides the transaction tax, also notary fees and the entry in the land register sum up to a considerable amount. The cases of the Netherlands and the...

The Covid-19 pandemic is not only endangering the health of people worldwide, but is also causing an economic recession. Given past experience, office markets, particularly the prime market, are reacting very strongly to economic downswings. This paper attempts to derive a likely scenario for...

The article examines the link between the office market and labour market in Germany. In a first step the number of office employees is calculated by referring to occupational labour market statistics. Using a panel analysis with data for the biggest five German metropolises it is shown that...

The last decade has been marked by cycles of excessive boom and bust in the housing market. However, not all countries have experienced high volatility in their house prices. Indeed, Germany has been unique in retaining flat price levels over the whole period and failing to respond to any of the...

Angesichts der demographischen Entwicklung in Deutschland ist eine grundlegende Reform der Gesetzlichen Rentenversicherung unumgänglich. Es ist schon jetzt absehbar, dass die Rentenreform 2000/01 nicht ausreicht, um das deutsche Alterssicherungssystem langfristig zu stabilisieren. Nach Angaben...

In the present paper the effects of different pay-as-you-go pension systems on fertility decisions of a representative household are examined. Thereby, the analysis focuses especially on the interplay of parental quantity and quality decisions, introduced by Becker (1960). As it will be shown, a...