Langot, François; Moreno-Galbis, Eva - Institute for the Study of Labor (IZA) - 2008
destruction effect dominates over the capitalization effect for old workers, whereas the capitalization effect dominates for young … destruction effect dominates over the
capitalization effect for old workers, whereas the capitalization effect dominates for … simulations of the model.
JEL Classification: J14, J24, J26, O33
Keywords: TFP growth, unemployment by age, old workers …