Arbeitspapier

Demographic change and public sector budgets in a federal system

This paper examines the effects of demographic change on public finances in a federal system. We develop a simple methodical procedure to measure the effect of demographic changes on public revenues and expenditures. We apply our method to the local, state and federal government sector as well as on the social security system in Germany. Our results suggest that demographic change will lead to significant vertical fiscal imbalances between the different layers of government. In addition we show, that subnational governments can generate a demographic dividend whereas the social security system and the federal government have to carry an additional burden due to ageing.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 2317

Klassifikation
Wirtschaft
Structure, Scope, and Performance of Government
Forecasts of Budgets, Deficits, and Debt
Intergovernmental Relations; Federalism; Secession
Demographic Trends, Macroeconomic Effects, and Forecasts
Thema
fiscal federalism
demographic change
sustainability of public finances
Öffentlicher Haushalt
Prognose
Alternde Bevölkerung
Finanzföderalismus
Sozialversicherungsfinanzierung
Deutschland

Ereignis
Geistige Schöpfung
(wer)
Hofmann, Michael
Kempkes, Gerhard
Seitz, Helmut
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Hofmann, Michael
  • Kempkes, Gerhard
  • Seitz, Helmut
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2008

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