This paper empirically investigates the effects of changes in the interest rate as well as transitory income uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the uncompensated interest rate elasticity for savings, in...

The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed, and to increase incentives to work by lowering the tax burden on labour, which is especially high in Germany according to the OECD. The purpose of this paper is therefore to...

Politicians accuse corporations of sneakily shifting their profits to tax havens. In fact, tax revenues in low-tax countries such as Ireland and Malta have risen sharply over the past 20 years. However, revenue growth in large countries like Germany and France is not slow. Interestingly, EU...

Der Generationenmonitor ist ein Modell, das auf der Methodik von Generationenkontenmodellen basiert. Es dient dazu, langfristige Auswirkungen der Gesetzgebung und der politischen Rahmenbedingungen zu analysieren und dadurch gegebenenfalls Handlungsbedarf abzuleiten. Da-bei werden zum einen...