The greying population: A wasted human capital or just a social liability?

The full text article is temporarily unavailable.

We apologise for the inconvenience. Please try again later.

Abstract:

Predicting the labour market effects of population ageing is a complex exercise. An older—and, in some cases, smaller—population immediately suggests a contraction of labour supply. But the implications for employment are not obvious. Labour supply also depends on labour force participation rates. Besides, demand for labour is bound to be influenced by the wage effects of supply-side shifts, not to mention attendant changes in productivity and capital accumulation, and the increased pension and health-care costs that a higher dependency ratio would entail. Spiezia examines these interrelated issues and the measures taken by OECD countries to cope with ageing.

Document Type: Research Article

Publication date: February 1, 2002

Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more