Demographic Change in Germany - The Economic and Fiscal Consequences

Preface

Contents

Contributing Authors

Consequences of Demographic Change in Germany: An Introduction

1 Motivation for this Book

2 The Contributions: An Overview

Demographic Change in Germany

1 Addressing the Issue

2 The Demographic Development in Germany

3 Future Trends Until 2050

4 Regional Aspects of Population Dynamics

5 Implications for Society, Economy, and Policy Makers: Challenge or Catastrophe?

References

The Effects of Aging on Labor Markets and Economic Growth

1 Introduction

2 Main Determinants of Economic Growth

3 Future Demographics and Growth

4 Long-Term Growth Scenarios

5 Conclusions

References

The Impact of Global Aging on Capital Markets and Housing

1 Introduction

2 The Asset Meltdown Debate

3 Aging and the Markets for Productive Capital

4 Aging and Housing Markets

5 Summary and Outlook

References

Social Insurance: How to Pay for Pensions and Health Care?

1 Introduction

2 Methodology

3 Assumptions and Intermediate Results

4 Projections for Individual Branches of Social Insurance

5 Sustainability of the Social Insurance System

6 Policy Options

References

The Impact of Demographic Change on Fiscal Policy in Germany

1 Introduction

2 Institutional Framework

3 Methodology

4 Data and Empirical Results

5 Summary and Conclusions

References

Education and Fertility in Germany

1 Introduction

2 Education and Fertility

3 Data

4 Descriptive Results

5 Analysis of the Event-History Model

6 Conclusions

References

Perspectives on the Political Governance of Demographic Change

1 Introduction

2 Demographic Challenges in Germany

3 Challenges for Governance of Demographic Change

4 Budget Consolidation as a Core Challenge

5 Key Factors of Success for Good Governance of Demographic Change

6 Conclusion

Subject Index

Name Index