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...

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...

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...

On top of the sovereign debt crisis in the European Union, demographic change is exerting enormous pressure on public finances. We analyse four policy options: lowering pension benefits, increasing labour market participation of the native population, immigration and participation of older...

This paper summarizes statistics on the key aspects of the distribution of earnings levels and earnings changes using administrative (social security) data from Italy between 1985 and 2016. During the time covered by our data, earnings inequality and earnings volatility increased, while earnings...

Aufgrund der bestehenden und sich weiter intensivierenden internationalen Konkurrenz in vielen Technologiebereichen und Branchen ist eine erhöhte Innovationsfähigkeit und Innovationstätigkeit als zentraler Erfolgsfaktor für die Unternehmen in Baden-Württemberg anzusehen. Im Rahmen des...

The effect of business cycles is not experienced equally by all workers and official statistics usually do not uncover the dramatic differences in the severity of the cyclical impacts for different groups. Yet, research on the relationship between business cycles and (un)employment or...

In 1990, one in five U.S. workers were aged over 50 years whereas today it is one in three. One possible explanation for this is that occupations have become more accommodating to the preferences of older workers. We explore this by constructing an "age-friendliness" index for occupations. We...

On top of the sovereign debt crisis in the European Union, demographic change is exerting enormous pressure on public finances. We analyze four policy options: lowering pension benefits, increasing labor market participation of the native population, immigration and participation of older...

The euro area, like many other advanced economies, has entered an era of drastic demographic change. Without appropriate policy responses, population ageing in the euro area is posing formidable challenges for potential growth, monetary policy and public finances. This paper examines - from a...