The question whether ageing leads to more or less inequality is not easily answered. Different, in part opposed, effects can be identified that are sensible to reactions of private households, the implementation of political measures etc. To get a better idea of the effect of demographic change...

Private households constitute one of the main economic sectors. The underlying house-hold structure determines income and consumption aggregates. For example, changes in the population composition induced by demographic change or shifts in the income structure through redistributional policy...