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This paper provides estimates of the impact of demographic change on labor productivity growth, relying on annual data over 1961-2018 for a panel f 90 advanced and emerging economies. We find that increases in both the young and old population shares have significantly negative effects on labor...
Persistent link: https://www.econbiz.de/10012814491
Europe will be challenged by demographic changes over the next few decades, even under favourable assumptions about fertility and migration, but the economic effects are not yet fully understood. This paper studies the effects of population ageing on economic growth, capital deepening and...
Persistent link: https://www.econbiz.de/10013417455
The future of employment and labour demand growth in the dawning era of intelligent robots and other new technologies is heavily debated. This paper argues that this discussion needs to be complemented by a second trend which has been unfolding in Europe for some time, namely the demographic...
Persistent link: https://www.econbiz.de/10012153896
Persistent link: https://www.econbiz.de/10012542145
This paper examines the implicit subsidies within pension systems across Latin America and the Caribbean (LAC) region. We first calculate the theoretical benefits of pension for hypothetical workers in 25 countries in LAC. We show that, on average, LAC's pension systems are subsidized, as they...
Persistent link: https://www.econbiz.de/10014545279
Persistent link: https://www.econbiz.de/10014463081
China is experiencing population ageing caused by a rapidly declining fertility rate and increased life expectancy … circumstances, China’s shrinking population will shave off 1.4 percent from GDP growth annually. These results, however, do not take … into account the impact of population aging on labour productivity. China’s fast move towards robotisation and artificial …
Persistent link: https://www.econbiz.de/10014466599
This paper studies the dynamics of fertility in 180 countries in the period 1950-2015 and investigates the determinants of the onset of fertility transitions. We find evidence of convergence in three groups of countries, and distinguish the transitioning countries from those not transitioning....
Persistent link: https://www.econbiz.de/10012136695
Indian policymakers - like most of their counterparts across the developing and developed world - have been concerned with the employability of their working-age populations in particular, for obvious economic and sociopolitical reasons. However, such concern has been largely missing as far as...
Persistent link: https://www.econbiz.de/10011332967
The South-North migration corridor, i.e. migration flows to the EU from Africa, the Middle East and EU neighbouring countries in the East, have overtaken the East-West migration corridor, i.e. migration flows from Central and East European countries to the EU15 and the European Free Trade...
Persistent link: https://www.econbiz.de/10012544891