Old Europe ages: Reforms and Reform Backlashes
---- Acknowledgements -----
This paper was prepared for the NBER Conference on “Demography and the Economy”, Yountville, California, 11-12 April 2008. We thank Alan Auerbach, Francesco Billari, John Pencavel, Sam Preston, Warren Sanderson, Syl Schieber, John Shoven, Guido Tabellini, and Michele Tertilt for helpful comments on an earlier version. Financial support was provided by the Deutsche Forschungsgemeinschaft, the Land Baden Württemberg, and the German Association of Insurers. The usual disclaimer applies. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.