This study provides evidence for the US that the secular decline in the labor share is not only explained by technical change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth. First, we empirically find indications of...

Time series regressions indicate that age structure has significant forecasting power on Swedish inflation. The results agree with a Phillips-Okun framework, assuming that the demographic composition affects productivity. The relative age effects are also relatively well in accordance with what...

The functional income distribution in the US and most OECD countries has been characterized by an increasing capital income share and a declining wage share over the last decades. We present new evidence for the US economy that this fact is not only explained by technical change and...

A provocative paper by Shimer (2001) finds that state-level youth shares and unemployment rates are negatively correlated, in contrast to conventional assumptions about demographic effects on labor markets. This paper updates Shimer's regressions and shows that this surprising correlation...

The internet and other large textual databases contain billions of documents: is there useful information in the number of documents written about different topics? We propose, based on the premise that the occurrence of a phenomenon increases the likelihood that people write about it, that the...

An early age at first marriage is known to be associated with a high risk of divorce. Yet it has been suggested that beyond a certain point, the relationship between age at marriage and marital instability may become positive, because as unmarried women begin to hear their biological clock tick,...

In most Western, industrialised countries the workforce is ageing rapidly. In order to assess the possible consequences of an ageing workforce, this paper measures the impact of changes in the age structure of establishments on productivity using representative linked employer-employee panel...

Gegenstand des Artikels ist die Schätzung einer Translog-Produktionsfunktion, die die Auswirkungen der Bevölkerungsentwicklung auf die Produktion heute und im Jahr 2020 betrachtet. Die Ergebnisse deuten auf eine Entwicklung hin, die zu steigenden Disparitäten führt. Schon heute ist ein...

We estimate the impact of immigration on the wages of natives in Ireland applying the technique proposed by Borjas (2003). Under this method, the labour market is divided into a number of skill cells, where the cells are defined by groups with similar levels of experience and education (or...