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This paper examines the impact of workforce demographics on aggregate productivity. The age structure of the workforce … is found to have a significant impact on aggregate productivity. A large cohort of workers aged 40 to 49 is found to have … a large positive impact on productivity. Out of sample predictions of output growth from 1990 to 1995 predict 17% of …
Persistent link: https://www.econbiz.de/10014111194
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estimate the implications for job creation in 2020-2030 of population growth, changes in labor force participation, and the … coming decades. Overall, shifting demographics, changing labor force participation rates, reductions in unemployment to the …
Persistent link: https://www.econbiz.de/10012169699
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development. It affects human capital through both religious and secular education. It affects population and labor by influencing …We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
Persistent link: https://www.econbiz.de/10014383297
development. It affects human capital through both religious and secular education. It affects population and labor by influencing …We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
Persistent link: https://www.econbiz.de/10014391202
Persistent link: https://www.econbiz.de/10009775442
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productivity depends on their age through the build-up of labour market experience and the depreciation of human capital. We make … two contributions to the literature on the macroeconomics of population ageing. First we show that it is important to … wisdom following an increase in longevity, depending on the corresponding change in the age-productivity profile. …
Persistent link: https://www.econbiz.de/10010528342