In this report, the role of the Nord Stream 2 pipeline project for the German and the European natural gas market was investigated in the short run and the long run. In the short run, no supply gap can be identified that would justify the speedy finalization of construction works on the Nord Stream 2 project. In the long run, there is no need for the Nord Stream 2 pipeline due to the German and...
In this project, we analyze and illustrate the link between pension levels and poverty risk in old age in two steps. First, using stylized calculations, we show how changing pension levels affect the distance between retirement benefits and basic means-tested social benefits (Grundsicherung im Alter). Second, we analyze the impact of changing pension levels on old-age poverty risk and...