This study aimed to estimate the work capacity of older Indonesians based on their health condition and other characteristics. Two analytic methods were used in this analysis-the Milligan-Wise method and the Cutler-Meara- Richards-Shubik method-and they found relatively small and substantial...

In this paper we investigate a particular mechanism through which differences in demographic composition across countries affect international trade flows. Some cognitive functions are known to vary across the adult life span, and in particular the ability to update skills and adapt to changes...

The purpose of this research is to determine what skills small and large business representatives in New Jersey believe are important for the workplace. There were 120 small businesses and 71 large businesses representatives surveyed. Written communication skills, adapting to change and being...

This paper addresses the importance of compositional changes in the labor force for the development of the wage distribution. Demographic change and higher educational attainment imply a shift toward employees with more experience and/or better education. These groups are characterized by higher...

How does population age structure affect the rate of nascent entrepreneurship? Demographic change has been proposed as a cause of declines in new business creation. In cross-country data, I study the relationship between underlying population age and entrepreneurial behavior and perceptions....

This paper investigates the consequences of population aging and of changes in the education composition of the population for macroeconomic performance. Estimation results from a theoretically founded empirical framework show that aging as well as the education composition of the population...

We provide new empirical evidence on the link between age and productivity using a transitional context. Building on a model of skill obsolescence, we assess the long-term adjustment process following a sudden change in skills needed in production that severely worsened older workers’ labor...

The relationship between ageing and skills is becoming an important policy issue, not least in the context of population ageing. Data from the Programme for the International Assessment of Adult Competencies (PIAAC) will potentially add considerably to the understanding of the relationship...

We study the relationship between age and literacy skills using data from the IALS, ALL and PIAAC surveys. In cross-sectional data there is a negative partial relationship between literacy skills and age that is statistically significant indicating that literacy declines with age, especially...