Old-Age Provision and Social Policy

This research unit deals with the implications of population aging on the sustainability and incentive structure of social security systems, including old age, health and long-term care insurance, and its interactions with saving behavior. Understanding savings behavior is crucial in order to investigate the potential role of private pension provision and evaluate the consequences of a transition towards partially funded social security systems.
Specifically, this research unit tries to understand the implications of incentive effects on individual saving and retirement decisions. It investigates how and why households save, and how that is linked to private and public transfers between generations. It asks questions such as: Are alternative social security reforms sustainable? How will different population groups be affected by reforms? What are the implications of the recent transition to a multi-pillar model of financing social security?
This unit will make use of several specially designed simulation models including population and labor force projections.

Ongoing projects:

Completed Projects:

News

Why women know too little about financial topics – and what has to change

Interview with MEA’s Dr. Tabea Bucher-Koenen in German magazine “Brigitte“

[more] »

"Productivity Slowdown, Aging and Pension Systems"

Watch professor Börsch-Supan's talk at the Peterson Institute for International Economics

[more] »

Good for everyone? Reassessing the German pension reform

MEA Director Prof. Axel Börsch-Supan discusses the pension reform at the Max-Planck-Forum

[more] »

Bavarian State Medal for Prof. Börsch-Supan

Prof Börsch-Supan was recognized by the Bavarian government with the award of the Bavarian State...

[more] »

The Baltic Sea States Project

New joint project started (MPISOC/MPIDR/Population Europe)

[more] »

News & Events

Econometrics in the Castle: "Machine Learning in Economics and Econometrics"

The workshop will be organized by the Max Planck Society and the University of Hamburg on May...

[more] »

30.08.2017: MEA Seminar - Economics of Aging

Gregor Sand: "The Impact of Large-Scale Immigration on the Well-Being of Natives 50+ in Europe"

[more] »