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We explore future job creation needs under conditions of demographic, economic, and technological change. First, we estimate the implications for job creation in 2020-2030 of population growth, changes in labor force participation, and the achievement of plausible target unemployment rates,...
Persistent link: https://www.econbiz.de/10012169699
generate major increases in immigration pressure in the rest of the world, mostly in Europe. Other major questions on the …
Persistent link: https://www.econbiz.de/10012519097
This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....
Persistent link: https://www.econbiz.de/10009517868
According to recent UN projections more than 50 percent of the growth in world population over the next half century … significant impact on the world distribution of income. In this paper we discuss the potential for migration policies to affect … more or less restrictive/selective migration policies and derive their implications for the evolution of world inequality. …
Persistent link: https://www.econbiz.de/10010382705
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10009530744
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...
Persistent link: https://www.econbiz.de/10009708703
India, one of the world's two population superpowers, is undergoing unprecedented demographic changes. Increasing …
Persistent link: https://www.econbiz.de/10011528108
the progression of large-sized cohorts to the older ages are causing elder shares to rise throughout the world. The …
Persistent link: https://www.econbiz.de/10011528111
Individuals aged 65 years and older currently make up a larger share of the population than ever before, and this group is predicted to continue growing both in absolute terms and relative to the rest of the population. This chapter begins by introducing the facts, figures, and forecasts...
Persistent link: https://www.econbiz.de/10011528113