Skills, Aging, and Productivity: Evidence from Panel Data

Rainer Kotschy and Uwe Sunde

VfS Annual Conference 2016 (Augsburg): Demographic Change from Verein für Socialpolitik / German Economic Association

Abstract: The demographic change is one of the most important challenges for many developed economies in the twenty-first century. This paper examines the effect of workforce demographics and the distribution of skills on aggregated productivity and output. Population aging may lead to secular stagnation in developed economies. We provide estimates for an upper boundary of the skills-aging-elasticity that describes how much human capital is required to increase in order to offset negative effects of aging in the most favorable setting.

JEL-codes: J10 J11 O47 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-age, nep-eff and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc16:145895

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