Ageing and Labour Supply in Advanced Economies

Alexandra Brown and Rochelle Guttmann
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Alexandra Brown: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2017, 37-46

Abstract: Population ageing is a global trend, which is most evident in advanced economies. This article details the impact of demographic developments on labour supply in advanced economies. The ageing of the workforce has tended to reduce labour supply. This has been mostly offset by increased labour force participation of women and older people. These trends are occurring in Australia, although strong migration has mitigated some of the impact of ageing.

Keywords: participation rate; ageing; labour supply; demographic change; retirement; cross-country; advanced economies (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (6)

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