paper gives an overview of recent trends in the growth of real value added, labour productivity and employment as well as of … demographic scenarios. Based on these trends, the hypothetical increase of labour productivity growth which would be required to … that the hypothetical labour productivity growth rate required is about one percentage point higher than the actual growth …

provides evidence how the shift in the relative labor supply affects labor productivity, taking into account that differently … the expected shift in the age structure affects labor productivity indicates that the productivity of younger and middle … aged workers will increase. In contrast, the productivity of older workers will significantly decline caused by their …

suggests a negative effect on total factor productivity. Using newly collected longitudinal data on pensioners, we quantify … pensioner-worker ratio decreases factor productivity by 5-6%. The effect is stronger when production is labor intensive and … automation potential is low. Economic aging also impedes the creation of innovation at the technological frontier. …

, coupled with sluggish total factor productivity and investment trend growth, contributes to the decline. Our results highlight …