Research Group Dynamic Macroeconomics

Research of the Dynamic Macroeconomics Group

The Dynamic Macroeconomics team studies the evolution of economies over time. A particular focus is on sustainable development, i. e., on the causes and consequences of economic growth including issues like environmental degradation (climate change, natural resources), technological progress (automation, artificial intelligence), and cultural change (gender inequality, political attitudes).

Economic Growth and Sustainable Development

Natural Resource Economics and Climate Change

Economic activity worldwide is largely responsible for the depletion of natural resources and the global climate change. Both phenomena pose serious challenges for societies and governments. Will the depletion of nonrenewable resources bring an end to prosperity? May the recycling of used resources prevent economic decline from happening?

How can/should CO_2 emissions be reduced? What policies should be implemented to attain the objectives stipulated in the Paris climate agreement? What is the role and responsibility of major players like China, the EU, and the USA for the global environment?

Some of our projects

  • Start date

    01/01/2022

  • Duration in months

    42

  • Funding

    ANR, France

  • Project Team

    B. Zou

  • Partners

    F. Ricci(Univ. Montpellier); O. Vidal (CNRS IS-Terre); A. Pommeret; K. Schubert

  • Abstract

    SCARCYCLET comprises 21 scientists, Economists, Geologists, and Materials Engineers studying the role of mineral resources for the energy transition and for recycling.
    This multidisciplinary project shall contribute to the advancement in knowledge on specific dimensions of the dynamic relation between the material-energy and the economic-society elements of the socioecological system, with relevance for the debate on policy design. It spurs new interdisciplinary collaborations, gains momentum of recent innovative frontier work, and improves the training of height young researchers.

    The project builds on two major synergies. Economists will help the geologists and the engineers to overcome their current difficulty in integrating economic incentives into their models, to improve their ability in replicating historical patterns and running credible scenarios. Engineers and geologists will contribute to the economic analysis of the ET under materials’ scarcity and recycling, by helping economists to meaningfully represent the technology and physical constraints of the recycling activity, of the use of primary and recycled metals, and of the production of primary minerals.

  • Start date

    01/09/2021

  • Duration in months

    36

  • Funding

    FNR – Luxembourg

  • Project Team

    Andreas IRMEN; Maria KRELIFA (PhD)

  • Partners

    Anastasia LITINA (University of Macedonia Thessaloniki); Rana Comertpay (LISER Luxembourg)

  • Abstract

    Population aging is an ongoing societal transformation that has major economic implications for countries worldwide at all stages of development. Various facets of this phenomenon have been explored over the years with a particular focus on the role of population aging for economic growth, pension schemes, and social security in general. However, little research has been conducted on the social and the cultural implications of aging for societies. CULTURAGING aims at covering this gap by studying, both theoretically and empirically, the implications of aging on a series of cultural and socioeconomic outcomes. In particular, the researchers want to study the implications of aging on:
    i) the distribution of preferences in the population and the political support for different types of government spending;
    ii) immigration, voting, and political attitudes;
    and iii) on female labour force participation, gender inequality, and a change in attitudes towards women.

    The expected research output is quite rich and includes seven research papers, three newly collected datasets to be combined with several existing datasets that are freely available, two scientific workshops that will facilitate the exposure of our findings and the exposure of the University of Luxembourg with the participation of leading scholars in the respective fields, a press-conference that will present the scale and scope of their findings in a way that will be directed to the wider public and the authorities, and a dissemination platform for their project, output and data. The main objective of the research is thus threefold.

    First, to deliver a series of papers and associated datasets to be disseminated to the research community via participation in conferences, workshops, and via publications of the research output. Second, to provide an opportunity for involved young researchers to work with a highly active group of researchers, to come in contact with leading scholars in the field and to be familiarised with state-of-the-art research methods in an interdisciplinary field like the socio-economics of population aging. The third is to gain a new perspective on the important and largely ignored social implications of aging. This perspective has to cover clear messages to policy makers that help them propose reasonable social policies required in times of population aging.

    The project builds on two major synergies. Economists will help the geologists and the engineers to overcome their current difficulty in integrating economic incentives into their models, to improve their ability in replicating historical patterns and running credible scenarios. Engineers and geologists will contribute to the economic analysis of the ET under materials’ scarcity and recycling, by helping economists to meaningfully represent the technology and physical constraints of the recycling activity, of the use of primary and recycled metals, and of the production of primary minerals.