Ageing and the Conflict of Interest Between Generations

Bettendorf, Léon; Horst, Albert van der; Draper, Nick; Ewijk, C. van; Mooij, Ruud de; Rele, Harry ter

doi:10.1007/s10645-011-9158-5

Cited by 10 publications

(7 citation statements)

References 14 publications

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“…2;Vandenberghe, 2011) and Van Ours (2009) for an analysis of declining productivity when workers become older. See Broer (2001), Bettendorf et al (2011) and Heijdra and Mierau (2011) for assessments of the sustainability of the welfare state. 2 Deelen (2012) presents wage-tenure profiles for Dutch workers in the period [1999][2000][2001][2002][2003][2004][2005].…”

Section: Introductionmentioning

confidence: 99%

Labour-Market Outcomes of Older Workers in the Netherlands: Measuring Job Prospects Using the Occupational Age Structure

Bösch

Weel

2013

De Economist

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. www.econstor.eu The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. Terms of use: Documents in D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. The standard human capital model predicts that, as a result of human capital obsolescence, mobility becomes more costly when workers become older. We measure and interpret how changing job opportunities across 96 occupations affect different age and skill groups. Older workers end up in shrinking occupations, in occupations with a lower share of high-skilled workers, in occupations facing a higher threat of offshoring tasks abroad, more focus on routine-intensive tasks and less rewarding job content. This process is not only observed for the oldest group of workers, but for workers aged 40 and above. Observing older workers in declining occupations is to a large extent a market outcome, but declining job opportunities in terms of less satisfying working conditions and job tasks and content could potentially raise incentives to retire early.JEL Classification: J24, J60

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Section: Introductionmentioning

confidence: 99%

Labour-Market Outcomes of Older Workers in the Netherlands: Measuring Job Prospects Using the Occupational Age Structure

Bösch

Weel

2013

De Economist

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“…In the projections underlying Dutch fiscal policies (Van der Horst et al 2010, Bettendorf et al 2011) any such price effects are neglected. Adopting a small open economy perspective, these projections assume prices to be given by world market prices.…”

Section: Introductionmentioning

confidence: 99%

Will Ageing Lead to a Higher Real Exchange Rate for the Netherlands?

Ewijk

Volkerink

2012

De Economist

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Long term projections for the Netherlands indicate that demand for nontradables-e.g. health care services-will increase relative to supply due to population ageing. If this leads to higher future real exchanges rates this will erode the return of the savings currently made to prepare for ageing. This paper explores the magnitude of potential price effects using a modified version of the two country, four commodity framework developed by Obstfeld and Rogoff (Brookings Papers Econ Activity 1: 2005) to explore the exchange rate effects of the balance of payments reversal in the US. When these price effects are substantial this may have serious consequences for policies to enhance national saving in the Netherlands.

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“…Many scientists have studied the influence of different characteristics of the employed population (structure, number and quality of workers) on the development of the country's economy [10][11]. Most often, economists consider the impact of population growth on economic growth, without paying due attention to the age structure of the population.…”

Section: The Theoretical Backgroundmentioning

confidence: 99%

Population Aging and Economic Dynamics in Ukraine: Models of Endogenous Growth Theory and Empirical Estimates of Current Challenges

Heyets¹,

Skrypnychenko²,

Шумська³

2019

Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSM

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Among the global problems faced by different countries in the last decade, the article looks at population aging. In the context of assessing the impact of population aging on economic dynamics, the scientific novelty of research is to find a solution to this problem in the plane of conceptual ideas formulated in theoretical models of endogenous growth. The authors emphasize the necessity of a state policy aimed at supporting "active aging", which will help to activate human capital and economic growth by increasing formal employment of people over 60 and reducing informal employment accordingly. Using the linear regression equations, the hypothesis that there is a positive effect of active aging on economic dynamics and productivity in Ukraine has been statistically confirmed and quantitative estimates of the impact of these factors have been obtained. The authors' calculations show that the positive effects of such policy, in particular, are possible with the increase in health care costs, which depend on the activity and mobility of the retirement age. Among the challenges, the authors tested the hypothesis of an increase in informal employment and the shadow economy in the absence of government policies aimed at addressing aging. The use of VAR modeling has made it possible to confirm the relationship between real GDP, informal employment and the size of the shadow sector of the Ukrainian economy. The impulse response functions and variance decomposition confirm the negative impact of the growth of informal employment and, accordingly, the shadow economy on the economic dynamics in Ukraine. The practical significance of this study is the application of its results in the development of measures of economic policy and strategy of socioeconomic development of Ukraine.

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Ageing and the Conflict of Interest Between Generations

Cited by 10 publications

References 14 publications

Labour-Market Outcomes of Older Workers in the Netherlands: Measuring Job Prospects Using the Occupational Age Structure

Labour-Market Outcomes of Older Workers in the Netherlands: Measuring Job Prospects Using the Occupational Age Structure

Will Ageing Lead to a Higher Real Exchange Rate for the Netherlands?

Population Aging and Economic Dynamics in Ukraine: Models of Endogenous Growth Theory and Empirical Estimates of Current Challenges

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