The labor supply of baby-boomers and low-flation
"Why is wage inflation so weak in spite of the recent sharp reduction in unemployment? We show that this may be due to an ongoing major positive labor supply shock. Indeed, the participation rate of workers aged between 55 and 64 has increased steadily over the last decade, from a third to abov...
Main Authors: | Mojon, Benoît, Ragot, Xavier |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Paris
2018
OFCE |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19399503124911177859-The-labor-supply-of-baby-boome.htm |
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