The state of the current German pension system is highly alarming. The aging society coupled with the prospect of increasing longevity is causing dramatic fiscal strains to the pay-as-you-go (PAYG) financed statutory pension scheme. In order to keep the current benefit level for future retirees,...

This paper discusses the macroeconomic adjustment and the intergenerational and international incidence of a switch from the current destination-based value-added taxation to a origin-based VAT within a dynamic general equilibrium framework. Such a reform will affect the welfare levels of...

Wenn sich Ökonomen mit dem Thema Staatsverschuldung beschäftigen, steht zumeißt die Abwälzung von Lasten auf die nachwachsenden Generationen im Mittelpunkt ihrer Analyse (vgl. etwa Richter, 1992). Der vorliegende Beitrag beschäftigt sich mit der Messung solch langfristiger intergenerativer...

This paper deals with the intergenerational incidence of corporate tax policies in the overlapping generation model. Corportate tax reforms affect the welfare levels of individuals via three Channels: (i) changes in the net. tax burdens, (ii) changes in the factor prices, and (iii) changes in...