This chapter examines the micro- and macroeconomic effects of generational policies using closed and open general equilibrium dynamic life-cycle models. The models illustrate the broad array of demographic, economic, and policy issues that can be simultaneously incorporated within todays...

There is an intensive debate about old-age poverty in Germany that has induced political parties to develop proposals for higher pensions of poor pensioners in light of the federal elections of September 2013. In addition, several proposals from economists aim at reforming the pension system in...

Zukünftig ist mit einem spürbaren Anstieg der Ausgaben der Gesetzlichen Krankenversicherung (GKV) zu rechnen, dem ein entsprechender Einnahmeanstieg gegenüberstehen muss. Nach geltendem Recht werden dazu die bereits gesetzlich verankerten, aber derzeit noch nicht flächendeckend...

Just a few months after the federal elections in Germany, the so called pension package entered into force. It mainly contains three measures: higher pensions for mothers with children born before 1992 ("mother pension"), a reduced retirement age for persons who contributed to the pension system...