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Gerontocracy in motion? : European cross-country evidence on the labor market consequences of population ageing

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dc.creator Fertig, Michael
dc.creator Schmidt, Christoph M.
dc.date 2003
dc.date.accessioned 2013-10-16T07:09:17Z
dc.date.available 2013-10-16T07:09:17Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20192
dc.identifier ppn:377094579
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20192
dc.description Taking a European cross-country perspective, this paper addresses the most important issues in the nexus of population ageing and labor markets. We start from a descriptive overview of the demographic change currently shaping European societies. The subsequent section intensively discusses the potential consequences of these demographic processes for and interdependencies with the labor market situation in Europe. We place particular emphasis on the issue of non-competitive wage setting. In our empirical application we demonstrate that moderately large birth cohorts seem to experience lower employment rates, but also that education investments might be able to mitigate these consequences, and that the relative economic success of large cohorts might even be disproportionately positive. Finally, in the concluding section we review possible policy options for coping with the consequences of population ageing.
dc.language eng
dc.relation IZA Discussion paper series 956
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J21
dc.subject J11
dc.subject ddc:330
dc.subject demographic change
dc.subject cohort size
dc.subject unemployment
dc.subject Arbeitsmarkt
dc.subject Alternde Bevölkerung
dc.subject Lohnpolitik
dc.subject Kohortenanalyse
dc.subject Arbeitslosigkeit
dc.subject Vergleich
dc.subject Europa
dc.title Gerontocracy in motion? : European cross-country evidence on the labor market consequences of population ageing
dc.type doc-type:workingPaper

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