This study seeks to explain economic growth differences in an aggregate production function framework, where labor reallocation from agriculture to modern sectors influences labor efficiency growth. The econometric analysis uses a panel of 65 countries over 1960-90. The results highlight: (a)...

This study seeks to explain economic growth differences in an aggregate production function framework, where labor reallocation from agriculture to modern sectors influences labor efficiency growth. The econometric analysis uses a panel of 65 countries over 1960-90. The results highlight: (a)...

The retirement age raise is bound to create certain risks for the labor market. Nevertheless, statistics point to the existence of an informal agreement between employees and employers that the retirement age should mark the end of an employment history. If such is the case, a raised retirement...