The impact of workforce aging on European productivity
"The age-distribution of Europe’s workforce has shifted towards older workers over the past few decades, a process expected to accelerate in the years ahead.. This paper studies the effect of the aging of the workforce on labor productivity, identifies the main transmission channels, and examin...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Washington, DC
2016
IMF |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-911412473969-The-impact-of-workforce-aging-.htm |
| _version_ | 1771659894254993408 |
|---|---|
| author | Aiyar, Shekhar Ebeke, Christian |
| author_facet | Aiyar, Shekhar Ebeke, Christian |
| collection | Library items |
| description | "The age-distribution of Europe’s workforce has shifted towards older workers over the past few decades, a process expected to accelerate in the years ahead.. This paper studies the effect of the aging of the workforce on labor productivity, identifies the main transmission channels, and examines what policies might mitigate the effects of aging. We find that workforce aging reduces growth in labor productivity, mainly through its negative effect on TFP growth. Projected workforce aging could reduce TFP growth by an average of 0.2 percentage points every year over the next two decades. A variety of policies could ameliorate this effect." |
| format | TEXT |
| geographic | EU countries |
| id | 911412473969_a041c029c56d4e1bb2533e92fd69a29e |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 911412473969_a041c029c56d4e1bb2533e92fd69a29e |
| is_hierarchy_title | The impact of workforce aging on European productivity |
| language | English |
| physical | 29 p. Digital |
| publishDate | 2016 |
| publisher | Washington, DC IMF |
| spellingShingle | Aiyar, Shekhar Ebeke, Christian ageing labour force participation labour productivity The impact of workforce aging on European productivity |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=105655792383 |
| title | The impact of workforce aging on European productivity |
| topic | ageing labour force participation labour productivity |
| url | https://www.labourline.org/KENTIKA-911412473969-The-impact-of-workforce-aging-.htm |