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market remain severe. Unemployment duration is still extremely high, and many have withdrawn from the labour market …
Persistent link: https://www.econbiz.de/10011276810
This paper estimates and discusses some of the potential labour market implications arising from the rapid ageing of government employees in a number of OECD countries. Under alternative scenarios for future public employment policies, available labour resources for the private sector are...
Persistent link: https://www.econbiz.de/10005046082
In the face of the substantial ageing of population expected to occur in OECD countries over coming decades, policies that boost labour-force participation attract considerable interest. There remain large cross-country divergences in participation rates that are largely accounted for by...
Persistent link: https://www.econbiz.de/10005046125
. With an already low effective retirement age, additional early permanent exit from the labour market needs to be … step in the right direction, but the old–age retirement system should be further adjusted to lower fiscal costs, raise the … minimum retirement age and increase work incentives for older individuals. This Working Paper relates to the 2010 Economic …
Persistent link: https://www.econbiz.de/10008587586
downturns. In particular, early retirement incentives embedded in old-age pension schemes and other social transfer programmes …
Persistent link: https://www.econbiz.de/10009146866
Employment has risen by more and unemployment has risen less than expected, given the path of output. Nevertheless, long-term and youth unemployment and involuntary part-time work are high. A polarised labour market risks worsening income inequality, which is high by OECD standards, despite a...
Persistent link: https://www.econbiz.de/10011276846
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken...
Persistent link: https://www.econbiz.de/10011276866
Sweden is a very egalitarian country but inequalities have risen and some groups are poorly integrated into the labour market. For growth to become more inclusive, the gap between the cost of labour and productivity for some groups needs to be reduced, transitions from education to work should...
Persistent link: https://www.econbiz.de/10011276884
In Slovakia, educational outcomes are below the OECD average and are too dependent on the socioeconomic background of students. Unemployment is high and the school-to-job transition process does not work well. Spending on education and active labour market policies are very low by international...
Persistent link: https://www.econbiz.de/10011276911
Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from...
Persistent link: https://www.econbiz.de/10011276940