| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15953 |
| DP15953 Make Yourselves Scarce: The Effect of Demographic Change on the Relative Wages and Employment Rates of Experienced Workers | |
| Michael Boehm; Christian Siegel | |
| 发表日期 | 2021-03-23 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper studies the impact of demographic change on experienced workers' relative wages and employment rates. We investigate empirical predictions from a framework of supply and demand for experience skill, using variation across U.S. local labor markets (LLMs) over the last decades and instrumenting experience skill supply by the LLMs' age structures a decade earlier. We find that aging substantially reduces experienced workers' relative wages and full-time employment rates, and also their labor market participation rates. Our results imply that the effect of demographic change on labor markets might be more severe than previously recognized, as it reaches beyond wages. |
| 主题 | Labour Economics ; Macroeconomics and Growth |
| 关键词 | Demographic change Employment of experienced workers Return to experience |
| URL | https://cepr.org/publications/dp15953 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544943 |
| 推荐引用方式 GB/T 7714 | Michael Boehm,Christian Siegel. DP15953 Make Yourselves Scarce: The Effect of Demographic Change on the Relative Wages and Employment Rates of Experienced Workers. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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