Showing 1 - 10 of 52
Persistent link: https://www.econbiz.de/10000642969
Germany is in a dilemma. Low wage competition via product and factor markets increases the demands on the welfare state, but increased systems competition in the context of international factor mobility reduces the possibilities of maintaining it. The welfare state has important allocative...
Persistent link: https://www.econbiz.de/10009781597
The paper studies the role of international implications after EU enlargement. Based on a formal model with migration costs for both capital and labor, it predicts a two-sided migration from the new to the old EU countries which is later reversed. As the migration pattern chosen by market forces...
Persistent link: https://www.econbiz.de/10009781677
The paper discusses the options for a reform of the German pension system using a model developed at CES for the German Council of economic advisors to the Federal Ministry of Economics and Research. It is argued that the German pay-as-you-go-system is efficient in a present value sense but will...
Persistent link: https://www.econbiz.de/10009781686
Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothi ng to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...
Persistent link: https://www.econbiz.de/10009781690
Arbeitsmärkte und die öffentlichen Finanzen in der Bundesrepublik Deutschland. Zur Abschä t - zung des Migrationspotentials nach der …
Persistent link: https://www.econbiz.de/10011744064
The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms are, however, onlyfeasible when they are supported by the majority of the electorate. Todetermine whether the majority is in favor of reforms of the pension system,we calculate...
Persistent link: https://www.econbiz.de/10011400295
Deutschland ist zum kranken Mann Europas geworden. Das Bildungssystem ist miserabel, die Wettbewerbsfähigkeit …-Punkte-Programm für die Erneuerung der Wirtschaft", was sofort getan werden muss, um Deutschland zu retten. …Deutschland ist zum kranken Mann Europas geworden. Das Bildungssystem ist miserabel, die Wettbewerbsfähigkeit …
Persistent link: https://www.econbiz.de/10001760117
It is shown that the net fiscal externality created by an additional member of a Pay-as-you-go-pension system that is endowed with individual accounts equals the gross contribution of this member. In Germany, this is an amount of about DM 175,000. The paper uses this information to design a...
Persistent link: https://www.econbiz.de/10001625711