, results in welfare losses for at least a segment of the population, after a capital tax cut and a concurrent labour tax …

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 … interdependencies with the labor market situation in Europe. We place particular emphasis on the issue of non-competitive wage setting …

little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration … differences in labor mobility and reallocation costs, which are typically ignored in American ?International Trade? textbooks … human capital investments: they are not independent of the aggregate state of labor markets, and in particular, frictions …

Economic and policy implications of population aging / Robert Clark, Andrew Mason, Naohiro Ogawa -- Population aging …, David Canning, Michael Moore, Younghwan Song -- Modeling the effects of population aging on consumption in the presence of … -- Population aging and health care spending in Japan : public- and private-sector responses / Naohiro Ogawa, Andrew Mason, Maliki …

population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous … redistribution, do not compete with immigrants in the labor market, and do not compete with immigrants for publicly financed income … transfers. For the economy at large, high-fertility unskilled immigrants and a low-fertility indigenous population result in …

In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We …

This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment …