Abstract
The German pension system has already played an important role in the discussion as a well-designed proportional unfunded system (see especially Chapter 4). We have already mentioned that this system also needs reform, above all for demographic reasons. This chapter will survey a dynamic model of German pension reform by Fehr (2000), with a particular emphasis on taxation and income distribution. Due to its complexities, we cannot reproduce the details.KeywordsInterest RateContribution RatePension SystemPension ReformRadical ReformThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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