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participation decisions. Using our cohort-based analysis, we construct projections of participation rates, which suggest population …
Persistent link: https://www.econbiz.de/10012956496
will cushion the decline in labor supply from population aging, in the near-term unemployment can rise, especially among …
Persistent link: https://www.econbiz.de/10012998796
The paper examines the potential effects of international migration on labor force participation in advanced economies in Europe. It documents that migration played a significant role in alleviating aging pressures on labor supply by affecting the age composition of receiving countries'...
Persistent link: https://www.econbiz.de/10012913902
. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact …
Persistent link: https://www.econbiz.de/10013086318
Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The … accompanying increase in its working age population creates a window of opportunity, which if properly harnessed, can translate … population as well as the speed and magnitude of demographic transition. It will be critical to ensure that the right supportive …
Persistent link: https://www.econbiz.de/10013048362
Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia in the absence of reforms, quantifies the impact of some recent proposals, and suggests some alternatives that would ensure public pension benefits - relative to wages - not fall...
Persistent link: https://www.econbiz.de/10013098606
This paper quantitatively investigates how population aging trend affects fiscal space measured as unused revenue …
Persistent link: https://www.econbiz.de/10013098638
demography. We use a forward-looking and dynamic approach that considers the entire population distribution. We find that this …
Persistent link: https://www.econbiz.de/10013082859
This paper analyzes various reform options for Japan's public pension in light of large fiscal consolidation needs of the country. The most attractive option is to increase the pension eligibility age in line with high and rising life expectancy. This would have a positive effect on long-run...
Persistent link: https://www.econbiz.de/10013088412
Empirical evidence is mounting that, in advanced economies, changes in monetary policy have a more benign impact on the economy - given better anchored inflation expectations and inflation being less responsive to variation in unemployment - compared to the past. We examine another aspect that...
Persistent link: https://www.econbiz.de/10013075540