The two conferences will deal with the microeconomic incentives, macroeconomic implications, and political sustainability of intergenerational transfers, on the one hand, and the transitional costs and macroeconomic implications of funded systems of retirement savings, on the other.

The purpose of the conference is to take stock of the theoretical and empirical knowledge on public debt and budget deficits. Particular emphasis will be placed on comparing public debt and budget deficits in different countries by means of selected country studies. Based on the results of the...

The conference, jointly organized by CESifo and the Program on Education Policy and Governance (PEPG) of Harvard University, will focus on the possible equity-efficiency tradeoff in education, with a special focus on the role of school systems for human capital formation in the global economy.