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...

The demographic change influences the composition of the labor force in terms of a decreasing number of the workforce, its age structure, the quantitative relationship between men and women such as the proportion between people with migration background and native citizens. The new diversity of...