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This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from 1950-2015....
Persistent link: https://www.econbiz.de/10014337818
Persistent link: https://www.econbiz.de/10013480877
We evaluate the economic consequences of immigration in a two-country, two-skill, overlapping-generations framework, where immigration, population, human and physical capital formation, and economic growth are endogenous variables. We go beyond extant literature by integrating physical capital...
Persistent link: https://www.econbiz.de/10012482719
Recent theoretical and empirical studies have emphasized the fact that the prospect of international migration … that temporary migration is widespread among highly skilled migrants (such as Eastern Europeans in Western Europe and … for return migration and which predicts who will migrate and who will return among agents with heterogeneous abilities. We …
Persistent link: https://www.econbiz.de/10012464608
Migration of young workers (as distinct from retirees), even when driven in by the generosity of the welfare state …, slows down the trend of increasing dependency ratio. But, even though low-skill migration improves the dependency ratio, it … estimate the fiscal burden that low-skill migration imposes on the fiscal system. However an important message of this paper is …
Persistent link: https://www.econbiz.de/10012468008
We develop a dynamic microsimulation model to project the labor force and economic dependency ratios in the United States from 2022 to 2060, taking population projections and the large inequalities between population groups of different race/ethnicity and gender into account. We contrast policy...
Persistent link: https://www.econbiz.de/10014576619
Aging populations in advanced economies are placing ever-increasing demands on government spending in the form of old-age benefits. Economies that have promised substantially more benefits than they have made provision to finance are heading into a prolonged era of fiscal stress. Unresolved...
Persistent link: https://www.econbiz.de/10012461838
studies by focusing on the relationship between job mobility and migration. First, the proportion of geographic mobility that … relationship between migration and job mobility. Third, the effect of migration on the wage gains of individuals is studied and … Mature Men and the Coleman-Rossi Retrospective Life History Study), the importance of the relationship between migration and …
Persistent link: https://www.econbiz.de/10012478677
database of bilateral stocks and net migration flows of immigrants and emigrants by education level for the years 1990 through …
Persistent link: https://www.econbiz.de/10012462010
wage response, the impact of migration on the wage structure differs significantly across countries. International … migration narrowed wage inequality in Canada; increased it in the United States; and reduced the relative wage of workers at the …
Persistent link: https://www.econbiz.de/10012466338