Jump to ContentJump to Main Navigation
Show Summary Details
More options …


Perspektiven der Wirtschaftspolitik

Editor-in-Chief: Haucap, Justus

Ed. by Arnold, Lutz / Corneo, Giacomo / Grimm, Veronika / Horn, Karen / Schneider, Friedrich / Wagner, Franz / Winter, Joachim

CiteScore 2018: 0.37

SCImago Journal Rank (SJR) 2018: 0.225
Source Normalized Impact per Paper (SNIP) 2018: 0.798

See all formats and pricing
More options …
Volume 15, Issue 1


Ökonomie einer alternden Gesellschaft

Axel Börsch-Supan
  • Corresponding author
  • Munich Center for the Economics of Aging (MEA) des Max-Planck-Instituts für Sozialrecht und Sozialpolitik
  • Email
  • Other articles by this author:
  • De Gruyter OnlineGoogle Scholar
Published Online: 2014-02-01 | DOI: https://doi.org/10.1515/pwp-2014-0001


  • Acemoglu, D. and S. Johnson (2009): Disease and Development – The Effect of Life Expectancy on Economic Growth. Journal of Political Economy 115(6): 925–985.Google Scholar

  • Adam, Stéphane, Bonsang, Eric, Germain, Sophie, Perelman, Sergio (2007): “Retirement and cognitive reserve: a stochastic frontier approach applied to survey data”. In: CREPP working papers 2007/04, HEC-ULg.Google Scholar

  • Attanasio, O.P., Kitao, S. and G.L. Violante (2007): Global Demographic Trends and Social Security Reform, Journal of Monetary Economics, 57(1), 144–198.Google Scholar

  • Aubert, P. (2003): “Productivity, wage and demand for elder workers; an exami­nation on French matched employer-employee data,” Working Paper INSEE, Paris.Google Scholar

  • Aubert, P., and B. Crépon (2007): “Are Older Workers Less Productive? Firm-Level Evidence on Age-Productivity and Age-Wage Profiles,” mimeo.Google Scholar

  • Auerbach, A.J. and L.J. Kotlikoff (1987): Dynamic Fiscal Policy. Cambridge, MA: Cambridge University Press.Google Scholar

  • Avendano, M., A. R. Aro, and J. Mackenbach (2005): Socio-Economic Disparities in Physical Health in 10 European Countries, in: Börsch-Supan, A., Brugiavini, A., Jürges, H., Mackenbach, J., Siegrist, J. und G. Weber (eds.), Health, Ageing and Retirement in Europe – First Results form the Survey of Health, Ageing, and Retirement in Europe, MEA, Mannheim.Google Scholar

  • Bertelsmann Stiftung (2013): Gerecht, nachhaltig, effizient: Studie zur Finanzierung einer integrierten Krankenversicherung, Bertelsmann Stiftung: Gütersloh.Google Scholar

  • Bloom, D.E., D. Canning And J. Sevilla (2004): The Effect Of Health On Economic Growth: A Production Function Approach, World Development Vol. 32, No. 1, Pp. 1–13.Google Scholar

  • Boadway, R.W., And D. E. Wildasin (1989): A Median Voter Model Of Social Security, International Economic Review Vol. 30, No. 2,Google Scholar

  • Bonsang, Eric, Adam, Stéphane, Perelman, Sergio (2010): “Does retirement affect cognitive functioning?”. In: ROA Reserach Memorandum 2010/1, Maastricht University.Google Scholar

  • Börsch-Supan, A., and R. Schnabel (1998): Social Security and Declining Labor-Force Participation in Germany. American Economic Review 88, 173–178.Google Scholar

  • Börsch-Supan, A., A. Ludwig, and J. Winter (2002): Aging, pension reform, and capital flows. In: A. Auerbach and H. Hermann (eds.), Aging, Financial Markets and Monetary Policy. Heidelberg: Springer, 55–83.Google Scholar

  • Börsch-Supan, A. (2000): Incentive Effects of Social Security on Labor Force Participation: Evidence in Germany and Across Europe. Journal of Public Economics, Vol. 78, 25–49.CrossrefGoogle Scholar

  • Börsch-Supan, A., Düzgün, I. und M. Weiss (2006): Age and Productivity: Evidence from the Assembly Line, Demographie – Mitteilungen der Deutschen Gesellschaft für Demographie e.V., Vol. 5, No. 9, 9.Google Scholar

  • Börsch-Supan, A. und M. Weiss (2010): Erfahrungswissen in der Arbeitswelt, In: Kruse, A. (Hrsg.), Potenziale im Altern. Chancen und Aufgaben für Individuum und Gesellschaft, AKA, Heidelberg, 221–234.Google Scholar

  • Börsch-Supan, A., J. Köke und J. Winter (2005): Pension reform, saving behaviour, and capital market performance, Journal of Pension Economics and Finance, Vol. 4, No. 1, 87–107.Google Scholar

  • Börsch-Supan, A., A. Ludwig, and J. Winter (2006): Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model, Economica, 73, 625–658.Google Scholar

  • Börsch-Supan, A., and H. Jürges, (2006): “Early Retirement, Social Security and Well-Being in Germany”. In: NBER Working Paper 12303.Google Scholar

  • Börsch-Supan, A. und A. Ludwig (2010): Old Europe is Aging: Reforms and Reform Backlashes, In: Shoven, J. (Ed.), Demography and the Economy, University of Chicago Press, Chicago, 169–204.Google Scholar

  • Börsch-Supan, A. und R. Schnabel (2010): Early Retirement and Employment of the Young in Germany, In: Gruber, J. and D. A. Wise (Eds.), Social Security Programs and Retirement around the World, University of Chicago Press, Chicago, 147–166.Google Scholar

  • Börsch-Supan, A., G. Heller and A. Reil-Held (2011): Is Intergenerational Cohesion Falling Apart in Old Europe? Public Policy and Aging Report, 21, 4, 17–21.CrossrefGoogle Scholar

  • Börsch-Supan, A., and M. Schuth (2013): Early retirement, mental health, and social networks, in: Börsch-Supan, A., M. Brandt, K. Andersen-Ranberg, H. Litwin, and G. Weber (eds.), Active Ageing and Solidarity between Generations in Europe: First Results from SHARE after the Economic Crisis, De Gruyter, Berlin.Google Scholar

  • Börsch-Supan, A. and M. Brandt (eds., 2013): Special Issue of Advances in Life Course Research: SHARELIFE – One century of life histories in Europe. 18:1.Google Scholar

  • Börsch-Supan, A., Brandt M, Hunkler C, Kneip T, Korbmacher J, Malter F, Schaan B, Stuck S, Zuber S (2013): Data Resource Profile: The Survey of Health, Ageing and Retirement in Europe (SHARE), International Journal of Epidemiology, forthcoming.Google Scholar

  • Börsch-Supan, A. (2013): Myths, Scientific Evidence and Economic Policy in an Aging World, Journal of the Economics of Ageing, forthcoming.Google Scholar

  • Bound, John (1991): “Self-Reported Versus Objective Measures of Health in Retirement Models”. In: Journal of Human Resources 26, p. 106–138.CrossrefGoogle Scholar

  • Brooks, R. (2003): Population aging and global capital flows in a parallel universe. IMF Staff Papers, International Monetary Fund, Washington, D.C.Google Scholar

  • Bryson, A., and P. Ilmakunnas (2012): Wellbeing in the workplace: the impact of modern management, Centre for Economic Performance, London School of Economics.Google Scholar

  • Caucutt, E. and L. Lochner (2012). Early and Late Human Capital Investments, Borrowing Constraints, and the Family. University of Western Ontario Working Paper.Google Scholar

  • Charles, Kerwin Kofi (2002): “Is retirement depressing? Labor force inactivity and psychological well-being in later life”. In: NBER Working Paper 9033.Google Scholar

  • Clark, Andrew E., Diener, Ed, Georgellis, Yannis, Lucas, Richard E. (2003): “Lags and leads in life satisfaction. A test of the baseline hypothesis”. In: DIW Discussion Paper 37.Google Scholar

  • Coe, Norma B., Lindeboom, Maarten (2008): “Does retirement kill you? Evidence from early retirement windows”. In: CentER Discussion Paper Series 2008–93.Google Scholar

  • Coe, Norma B., von Gaudecker, Hans-Martin, Lindeboom, Maarten, Maurer, Jürgen (2012): “The effect of retirement on cognitive functioning”. In: Health Economics 21(8), p. 913–927.Google Scholar

  • Deutscher Gewerkschaftsbund (2013): Arbeitsfähig bis zur Rente? DGB-Index Gute Arbeit 2012, http://www.dgb-index-gute-arbeit.de, Juni 2013.Google Scholar

  • Diamond P. A. (1965): National debt in a neoclassical growth model. In: The American Economic Review, Vol. 55, No. 5, p. 1126–1150.Google Scholar

  • Domeij, D. and M. Floden (2006): Population Aging and International Capital Flows. International Economic Review, 47, 1013–1032.Google Scholar

  • Esping-Andersen, G. (2003): A welfare state for the 21st century. In The Global Third Way Debate, ed. A. Giddens, 134–56, Polity: Oxford.Google Scholar

  • European Commission and Economic Policy Committee (2009): The 2009 Ageing Report: economic and budgetary projections for the EU-27 Member States (2008–2060). Luxembourg.Google Scholar

  • Eurostat (2013): http://ec.europa.eu/eurostat/. (online data code: hlth_hlye).Google Scholar

  • Fehr, H., S. Jokisch und L. Kotlikoff (2005): The Developed World’s Demographic Transition – The Roles of Capital Flows, Immigration, and Policy, in: R. Brooks and A. Razin (eds.), Social Security Reform – Financial and Political Issues in International Perspective, New York, 11–43.Google Scholar

  • Feroli, M. (2002): Capital flows among the G-7 Nations: s demographic perspective. Unpublished manusciript. New York University.Google Scholar

  • Fogel, Robert W., Roderick Floud, Bernard Harris, and Sok Chul Hong (2011): The Changing Body: Health, Nutrition, and Human Development in the Western World since 1700. Cambridge University Press.Google Scholar

  • Freedman, V.A., Crimmins, E.M., Schoeni, R.F., Spillman, B., Aykan, H., Kramarow, E., Land, K., Manton, K., Martin, L.G., Shinberg, D., and Waidmann, T. (2004): Resolving inconsistencies in old-age disability trends: Report from a technical working group. Demography, 41(3), 417–441.CrossrefGoogle Scholar

  • Freedman, Vicki, Brenda Spillman, Patti Andreski, Jennifer C. Cornman, Eileen Crimmins, Ellen Kramarow, James Lubitz, Linda Martin, Sharon Merkin, Robert F. Schoeni, Teresa Seeman, and Timothy Waidmann. (2013): Trends in Late-Life Activity Limitations: An Update from 5 National Surveys. Demography. NIHMSID: NIHMS365791.Google Scholar

  • Galasso, V. & P. Profeta (2004): Lessons for an Aging Society: the Political Sustainability of Social Security Systems, Economic Policy: 63–115.Google Scholar

  • Galasso, V. (2006): The Political Future of Social Security in Aging Societies, The MIT Press.Google Scholar

  • Gelderblom, Arie (2006): “The Relationship of Age with Productivity and Wages”, Chapter 6 in: Ageing and Employment: Identification of Good Practice to Increase Job Opportunities and Maintain Older Workers in Employment, Final Report to the European Commission, DG Employment, http://ec.europa.eu/social/BlobServlet?docId=2073&langId=en.Google Scholar

  • Göbel, C. and T. Zwick (2009): “Age and Productivity – Evidence from Linked Employer Employee Data,” ZEW Discussion Paper No. 09–020, Zentrum für Europäische Wirtschaftsforschung.Google Scholar

  • Grohmann, H. (1965): Die Entwicklung eines Bevölkerungsmodells zur Beurteilung der Finanzierung der dynamischen Rente, Berlin: Duncker & Humblot.Google Scholar

  • Gruber J. und D.A. Wise (Hrsg., 1999): Social Security and Retirement Around the World, University of Chicago Press, Chicago, London.Google Scholar

  • Gruber, J., and D.A. Wise (Eds., 2004): Social Security Programs and Retirement around the World: Micro Estimation, The University of Chicago Press, Chicago.Google Scholar

  • Gruber, J. and D. A. Wise (Eds., 2010): Social Security Programs and Retirement around the World: Youth Emplyoment, University of Chicago Press, Chicago, 147–166.Google Scholar

  • Hakola, T. (2003): Economic Incentives and Labour Market Transitions of the Aged Finnish Workforce, Government Institute for Economic Research, http://www.vatt.fi/publications/research.Google Scholar

  • Hall, R., and C. Jones (2007): The Value of Life and the Rise in Health Spending, The Quarterly Journal of Economics, 122(1): 39–72.Google Scholar

  • Henriksen, E. R. (2002): A demographic explanation of U.S. and Japanese current account behavior. Unpublished manuscript, Carnegie Mellon University.Google Scholar

  • Human Mortality Database (2012): http://www.mortality.org.Google Scholar

  • INGENUE Team (2000): INGENUE, a multi-regional, computable general equilibrium, overlapping-generations model.Google Scholar

  • Juster, T., R. Suzman (1995): An overview of the Health and Retirement Study, Journal of Human Resources 30, S7-S56.Google Scholar

  • Kocka, J. und U. Staudinger (Hrsg., 2009), Gewonnene Jahre: Empfehlungen der Akademiengruppe Altern in Deutschland, Nova Acta Leopoldina: Halle.Google Scholar

  • Kohli, M. (2005): Ageing and Justice. In: R. Binstock and L. George (eds): Handbook of aging and the social sciences (5th ed.). Academic Press, San Diego.Google Scholar

  • Kotlikoff, L. and D. Wise (1989): Employee Retirement and a Firm’s Pension Plan, in D.A. Wise, ed., The Economics of Aging, Chicago: University of Chicago Press, 279–334.Google Scholar

  • Kotlikoff, L. J., and J. Gokhale (1992): “Estimating a Firm’s Age-Productivity Profile Using the Present Value of Workers’ Earnings,” Quarterly Journal of Economics, 107(4), 1215–1242.Google Scholar

  • Krebs, T. (2003): Human Capital Risk and Economic Growth. Quarterly Journal of Economics 118: 709–745.Google Scholar

  • Krüger, D. und A. Ludwig (2007): On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare, Journal of Monetary Economics, 54(1), 49–87.Google Scholar

  • Lazear, E. (1995): Personnel Economics, MIT-Press: Cambridge, Mass.Google Scholar

  • Lindeboom, Maarten, Portrait, France, van den Berg, Gerard J. (2002): “An Econometric Analysis of the Mental-Health Effects of Major Events in the Life of Elderly Individuals”. In: Health Economics 11, p. 505–520.CrossrefGoogle Scholar

  • Malmberg, B., T. Lindh, and M. Halvarsson (2008): “Productivity Consequences at the Plant Level of Work-Force Ageing: Stagnation or a Horndal Effect?,” Population and Development Review, 34, 238–256.Google Scholar

  • Mazzonna, Fabrizio, Peracchi, Franco (2012): Aging, cognitive abilities and retirement. In: European Economic Review 56(4), p. 691–710.CrossrefGoogle Scholar

  • Medoff, J. L., and K. G. Abraham (1980): “Experience, Performance, and Earn­ings,” Quarterly Journal of Economics, 95(4), 703–736.Google Scholar

  • Miegel, Meinhard (2010): Exit – Wohlstand ohne Wachstum, Propyläen Verlag: Berlin.Google Scholar

  • Miguel, E. and M. Kremer (2004). Worms: Identifying Impacts on Education and Health in the Presence of Treatment Externalities. Econometrica (72): 159–217Google Scholar

  • OECD (2012): Employment Outlook, Paris: OECD. http://www.oecd.org.Google Scholar

  • Oeppen, J. und J. Vaupel (2002): Enhanced: Broken Limits to life Expectancy, Science 296 (5570), 1029–1031.Google Scholar

  • Peterson, P.G. (1999): Gray dawn: How the coming age wave will transform America ­ and the world. New York: Times Books.Google Scholar

  • Rohwedder, Susann, Willis, Robert J. (2010): “Mental retirement”. In: Journal of Economic Perspectives 24(1), p. 119–138.CrossrefGoogle Scholar

  • Rowe, J. W., & Kahn, R. L. (1998). Successful aging. New York: Pantheon Books.Google Scholar

  • Rowe, J. W., Berkman, L. F., Binstock, R., Börsch-Supan, A., Cacioppo, J., Carstensen, L., Goldman, D., Fried, L., Jackson, J., Kohli, M., Olshansky, J. and J. Rother, (2009): Facts and Fictions about an Aging America, Contexts, Vol. 8, No. 4, 16–21.Google Scholar

  • Salthouse, T. A., and T. J. Maurer (1996): “Aging, Job Performance, and Career De­velopment,” in Handbook of the Psychology of Aging, 4th Edition, ed. by J. E. Birren, and K. W. Schaie, pp. 353–364. Kluwer Academic Publishers, New York.Google Scholar

  • Samuelson, P. A. (1958): An exact consumption-loan model of interest with or without the social contrivance of money. In: The Journal of Political Economy, Vol. 66, No. 6, p. 467–482.CrossrefGoogle Scholar

  • Schooler, C., Mulatu, M. S., & Oates, G. (1999): The continuing effects of substantively complex work on the intellectual functioning of older workers. Psychology and Aging, 14, 483–506.CrossrefGoogle Scholar

  • Siegrist, J., O. von dem Knesebeck, and M. Wahrendorf (2005): Quality of Employment and Well-Being, in: Börsch-Supan, A., Brugiavini, A., Jürges, H., Mackenbach, J., Siegrist, J. und G. Weber (eds.), Health, Ageing and Retirement in Europe – First Results form the Survey of Health, Ageing, and Retirement in Europe, MEA, Mannheim.Google Scholar

  • Sinn, H.W., and S. Übelmesser (2002): Pensions and the Path to Gerontocracy in Germany. European Journal of Political Economy 19: 153–58.CrossrefGoogle Scholar

  • Skirbekk, V. (2004): “Age and Individual Productivity: A Literature Survey,” in Vienna Yearbook of Population Research, ed. by G. Feichtinger, Vienna. Verlag der Österreichischen Akademie der Wissenschaften, Vienna.Google Scholar

  • Spiess, K. (2011): Vereinbarkeit von Familie und Beruf – wir wirksam sind deutsche “Care Policies”?, in: Perspektiven der Wirtschaftspolitik, Special Issue 12, 4–27.Google Scholar

  • Steptoe, A., E. Breeze, J. Banks, and J. Nazroo (2012): Cohort Profile: The English Longitudinal Study of Ageing. International Journal of Epidemiology.Google Scholar

  • Storesletten, K., C. Telmer, and A. Yaron (2004): Consumption and risk sharing over the life cycle, Journal of Monetary Economics 51(3), 609–633CrossrefGoogle Scholar

  • Sundström, M., and F.P. Stafford (1992): Female labour force articipation, fertility and public policy in Sweden, European Journal of Population 8, 199–215.Google Scholar

  • Thurow, L.C. (1996): The birth of a revolutionary class. New York Times Magazine, May 19, 46–47.Google Scholar

  • Vogel, E., Ludwig, A. and A. Börsch-Supan (2012): Aging and Pension Reform. Extending the Retirement Age and Human Capital Formation. European Central Bank, Working Paper Series 1476.Google Scholar

  • Weil, David N. (2007): Accounting for The Effect of Health on Economic Growth, Quarterly Journal of Economics, 122(3): 1265–1306Google Scholar

  • Wrzus, C., M. Hänel, J. Wagner, and F. J. Neyer (2013): Social Network Changes and Life Events Across the Life Span: A Meta-Analysis, Psychological Bulletin 139, 1, 53–80Google Scholar

  • Zweites Deutsches Fernsehen (2007): Aufstand der Alten (Rebellion of the Elderly), Television Series.Google Scholar

About the article

Published Online: 2014-02-01

Published in Print: 2014-02-01

Citation Information: Perspektiven der Wirtschaftspolitik, Volume 15, Issue 1, Pages 4–23, ISSN (Online) 1468-2516, ISSN (Print) 1465-6493, DOI: https://doi.org/10.1515/pwp-2014-0001.

Export Citation

© 2014 Walter de Gruyter GmbH, Berlin/Boston.Get Permission

Citing Articles

Here you can find all Crossref-listed publications in which this article is cited. If you would like to receive automatic email messages as soon as this article is cited in other publications, simply activate the “Citation Alert” on the top of this page.

Volker Zimmermann
ZfKE – Zeitschrift für KMU und Entrepreneurship, 2018, Volume 66, Number 3, Page 153

Comments (0)

Please log in or register to comment.
Log in