As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive ones disappear). In fact societies flourish as jobs bring together people from different ethnic and...

Der demografische Wandel und die damit einhergehende Alterung der Gesellschaft sowie Reduktion der Erwerbsbevölkerung stellen große gesellschaftliche Herausforderungen dar. Der Bedarf an familiärer Pflege wird infolge der zunehmenden Alterung der Gesellschaft weiter steigen. Die...

We analyze the impact of short-run economic fluctuations on age-specific mortality usingBayesian time series econometrics and contribute to the debate on the procyclicality ofmortality. For the first time, we examine the differing consequences of economic changesfor all individual age classes....

This paper argues that aging of the labor force affects job creation and job destruction. To analyze this, we extend a standard model of equilibrium unemployment and search in the labor market by the distinction between age specific separation risks and a productivity differential between young...

Der demografische Wandel und die damit einhergehende Alterung der Gesellschaft sowie Reduktion der Erwerbsbevölkerung stellen große gesellschaftliche Herausforderungen dar. Der Bedarf an familiärer Pflege wird infolge der zunehmenden Alterung der Gesellschaft weiter steigen. Die...

Will the projected decline in the youth share of European countries' populations alleviate the currently high levels of youth unemployment in Europe? Economic theory predicts that in the absence of perfectly competitive labour markets, changes in the relative size of age groups will cause...