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This paper provides evidence on past growth of productivity, analysing the evolution of labour productivity, capital … deepening and multi-factor productivity. Based on a literature review of recent studies, it shows that economic growth is … measured rise in labour productivity has, in fact, been ploughed back into the economy as intangible capital formation. In …
Persistent link: https://www.econbiz.de/10013130394
Der Band enthält die Empfehlungen der Akademiegruppe Altern in Deutschland, die auf einer dreijährigen Arbeit beruhen. Sie befassen sich mit den Chancen und Herausforderungen des demographischen Wandels, vor allem für die Welt der Arbeit und des lebenslangen Lernens. Doch werden auch andere...
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In this paper we identify the effects of ageing on the relative price of nontradeables versus tradeables. We consider two cases. In a first specification, age effects only account for short-run dynamics. An alternative case allows for permanent age effects. Estimating the respective cases by...
Persistent link: https://www.econbiz.de/10011372986
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
Persistent link: https://www.econbiz.de/10009619095
This NEUJOBS research report focuses on links between age, productivity and lifelong learning. Various data sources (EU … strongly influenced by the timing of entering and leaving labour market. An estimation of the impact of LLL on productivity …
Persistent link: https://www.econbiz.de/10010197566
The effect of changes in demographic structure on medium-run trends of key macroeconomic variables is estimated using a panel VAR of 21 OECD economies. The panel data variability assists the identification of direct effects of demographics, while the dynamic structure uncovers long-term effects....
Persistent link: https://www.econbiz.de/10013014371