Despite significant headwinds from population aging in most advanced economies (AEs), labor force participation rates show remarkably divergent trajectories both across countries and across different groups of workers. Participation increased sharply among prime-age women and, more recently,...

This paper reports information on income inequality in Latin America and the Caribbean computed from a sample of more than 50 household surveys from 20 LAC countries from 1989 to 2001. Although the core of the statistics is on household income inequality, we also report results on aggregate...

Mit dem Verlust von Beschäftigungsmöglichkeiten in wirtschaftlich stagnierenden Regionen verschlechtern sich die Zukunftsaussichten der dort lebenden Bevölkerung. Ein Rückgang der Beschäftigung kann ökonomische Schrumpfungsprozesse verstärken, wenn ein Teil der jüngeren und besser...

Taking a European cross-country perspective, this paper addresses the most important issues in the nexus of population ageing and labor markets. We start from a descriptive overview of the demographic change currently shaping European societies. The subsequent section intensively discusses the...

Prognosen sind unsicher, vor allem wenn sie sich auf die Zukunft beziehen. Dieses bekannte Bonmot gilt auch für Bevölkerungsprognosen, obwohl die nach dem Selbstverständnis der 'Prognostiker' keine Prognosen sondern eher Projektionen oder Modellrechnungen sind. Solche Rechnungen sind...

This paper provides a decomposition of the projected change in the overall labour force in East and West Germany into three parts. The first, called the 'demographic component', shows the effects of fertility, mortality and a changing age structure of the population. The second effect is the...

One of the most vexing public policy issues is the extent to which governments should intervene into private contractual relationships. The purpose of this paper is to explore both theoretically and empirically the extent to which such interventions may enhance efficiency. In the case of...

High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers from middle-skill occupations towards the tails of the occupational skill distribution by analyzing changes in age structure within and...

This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....

We analyze the supply and demand of skilled labor in an East German federal state, Thuringia. This state has been facing high unemployment in the course of economic transformation and experiences population aging and shrinking more rapidly than most West European regions. In a first step, we use...