Macroeconomic Implications of an Aging Society

At the macroeconomic level, population aging and demographic change have many implications on capital, labor and consumer goods markets. Focus of this research unit is the analysis of the micro-foundations of these processes.

More specifically, the unit analyses the households’ saving behavior, with a particular attention to the old-age provision, its spread and determinants. The relationships between the three tiers of the pension system (i.e. public, occupational and private) as well as the link between individuals’ employment histories and old-age provision are also topics of special interest.

The team is furthermore involved in the design and production of the SAVE (Sparen und AltersVorsorgE) Study – a survey conducted on a representative panel of German households, which represent the ideal database for the empirical analysis of the above mentioned topics.

Labor market issues are also in the focus of this research unit. The analysis of the evolution of labor productivity over the lifecycle and its consequences in an aging economy represents another highlight of the unit. To this end, two large-scale studies on age-mixed teams of employees are being conducted in a large industrial company and a large insurance company.

Members of this research unit:

• Dr. Michela Coppola (FB-Leiterin)
• Bettina Lamla
• Dr. Matthias Weiss

Ongoing projects

Completed projects