Research Group

Labor Demography

At a Glance Projects Publications Team

Project

Economic Well-Being and Life-Course Transitions (Dissertation)

Mikko Myrskylä, Christian Dudel, Julian Schmied; in Collaboration with Timm Bönke (Free University of Berlin, Germany)

Detailed Description

Individuals experience several major transitions throughout the life course, such as partnering, becoming parents, or retiring. These transitions go along with significant changes in individual needs, well-being, and consumption. It is, however, difficult to quantify exactly the effect of these changes.

In this project, we tackle the methodological challenges involved in estimating the effects of life-course transitions on economic well-being, and we investigate income, consumption, and subjective measures of well-being before and after transitions. We also consider long-running cohort trends and other aspects of well-being, such as health. To achieve our aims, we use rich survey and extensive administrative register data. Our results provide useful benchmarks for social policy and for individual decision-making, such as on pension saving.

Research Keywords:

Data and Surveys, Economics, Employment, Retirement, Policies, Politics, Administration, Welfare State, Statistics and Mathematics

Publications

Dudel, C.; Werding, M.; Schmied, J.:
DAV-Kompass 2021, 5–5. (2021)    
Dudel, C.; Schmied, J.; Werding, M.:
Wirtschaftsdienst 100:3, 185–193. (2020)    
Dudel, C.; Schmied, J.:
MPIDR Working Paper WP-2019-003. (2019)    
Freytag, A.; Schmied, J.:
Applied Econometrics and International Development 19:1, 15–32. (2019)    
The Max Planck Institute for Demographic Research (MPIDR) in Rostock is one of the leading demographic research centers in the world. It's part of the Max Planck Society, the internationally renowned German research society.