Labour Markets and Demographic Change

Description

This collection of research papers explores some of the salient issues relating to the impact of demographic change on the workings and outcomes of labor markets. A first chapter studies the direct impact of aging on employment and unemployment. However, the age structure of the workforce also shapes productivity and the scope for innovation, issues which are taken up in turn. Furthermore, it is often argued that a decline in the size of the workforce may be offset by an increase in the workers' skills and knowledge. The impact of demographic developments such as aging and migration on the accumulation and transfer of human capital is, therefore, studied by a further set of contributions. The volume is rounded off with analysis relating to the supply of labor by women and by older workers. The authors ask, for instance, whether (female) labor migration as well as changes in retirement patterns and policies may counterbalance the expected workforce shrinking. This book is a valuable reference for academics in the economic and social sciences, especially those with a focus on labor and demography as well as practitioners in the fields of policy-making and personnel planning.

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