Taking off from the self-evident fact that the population variable centrally figures in both labor and product markets, this paper argues that the growth rate of population, its age structure and spatial distribution should be key considerations in a country’s development strategy to promote...

As it evolves around the world, Social Security financed on pay-as-you-go (PAYG) basis increasingly becomes a Ponzi scheme due to aging populations. The main objective of Social Security is to insure seniors against an uncertain life span. However, as the probability of being a net loser rises...

Tanulmányunk az ágazatok közötti kereseti különbségek mértékét, keletkezésük okait elemzi Magyarországon a kilencvenes évek végén. Az első részben áttekintjük az ágazatközi bérkülönbségekre vonatkozó legfontosabb elméleti megfontolásokat, bemutatjuk a vizsgálatukra...

Economics of discrimination has been the topic of interest of many in the last decade or two. Human capital theory describes wage determination as a function of labour human capital and should be determined based on marginal productivity theorem of labour economics. Islamic theology also...

The decline in the economy’s ability to create good jobs is related to deterioration in the bargaining power of workers, especially those at the middle and the bottom of the pay scale. The restructuring of the U.S. labor market – including the decline in the inflation-adjusted value of the...

Este artículo examina el problema que plantea la cobertura pensional de los colombianos menos educados y más vulnerables. Relaciona las tendencias del mercado laboral con la baja cobertura pensional: el sesgo del empleo urbano moderno contra los menos educados ha generado para estos un ciclo...

Japan faces serious demographic headwinds. Under current fertility, employment and immigration rates, the population would fall by 45% by 2100 and employment by 52%. Given the challenges of a shrinking and ageing population, the government has pledged to “create a children-first economic...