The Impact Of Workforce Aging On European Productivity

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The Impact Of Workforce Aging On European Productivity
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Author : Mr.Shekhar Aiyar
language : en
Publisher: International Monetary Fund
Release Date : 2016-12-08
The Impact Of Workforce Aging On European Productivity written by Mr.Shekhar Aiyar and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-08 with Social Science categories.
The age-distribution of Europe’s workforce has shifted towards older workers over the past few decades, a process expected to accelerate in the years ahead.. This paper studies the effect of the aging of the workforce on labor productivity, identifies the main transmission channels, and examines what policies might mitigate the effects of aging. We find that workforce aging reduces growth in labor productivity, mainly through its negative effect on TFP growth. Projected workforce aging could reduce TFP growth by an average of 0.2 percentage points every year over the next two decades. A variety of policies could ameliorate this effect.
The Impact Of Workforce Aging On European Productivity
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Author : Mr.Shekhar Aiyar
language : en
Publisher: International Monetary Fund
Release Date : 2017-01-18
The Impact Of Workforce Aging On European Productivity written by Mr.Shekhar Aiyar and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-18 with Social Science categories.
The age-distribution of Europe’s workforce has shifted towards older workers over the past few decades, a process expected to accelerate in the years ahead.. This paper studies the effect of the aging of the workforce on labor productivity, identifies the main transmission channels, and examines what policies might mitigate the effects of aging. We find that workforce aging reduces growth in labor productivity, mainly through its negative effect on TFP growth. Projected workforce aging could reduce TFP growth by an average of 0.2 percentage points every year over the next two decades. A variety of policies could ameliorate this effect.
The Impact Of Workforce Aging On European Productivity
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Author : Shekhar S. Aiyar
language : en
Publisher:
Release Date : 2017
The Impact Of Workforce Aging On European Productivity written by Shekhar S. Aiyar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
The age-distribution of Europe's workforce has shifted towards older workers over the past few decades, a process expected to accelerate in the years ahead. This paper studies the effect of the aging of the workforce on labor productivity, identifies the main transmission channels, and examines what policies might mitigate the effects of aging. We find that workforce aging reduces growth in labor productivity, mainly through its negative effect on TFP growth. Projected workforce aging could reduce TFP growth by an average of 0.2 percentage points every year over the next two decades. A variety of policies could ameliorate this effect.
Ageing And Employment Policies United States 2018 Working Better With Age And Fighting Unequal Ageing
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-01-24
Ageing And Employment Policies United States 2018 Working Better With Age And Fighting Unequal Ageing written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-24 with categories.
This report looks at the various pathways out of the labour market for older workers in the United States and at how employers can be supported to retain and hire older workers.
Productivity Growth And Value Chains In Four European Countries
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Author : Ms.Izabela Karpowicz
language : en
Publisher: International Monetary Fund
Release Date : 2020-01-31
Productivity Growth And Value Chains In Four European Countries written by Ms.Izabela Karpowicz and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-31 with Business & Economics categories.
Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis that is accompanied in recent years by a withdrawal from trade integration processes. We study the determinants of productivity slowdown over the past two decades in four closely integrated European countries, Austria, Denmark, Germany and the Netherlands, based on firm-level data. Participation in global value chains appears to have affected productivity positively, including through its effect on TFP when facilitated by higher investment in intangible assets, a proxy for firm innovation. Other contributors to productivity growth in firms are workforce aging, access to finance, and skills mismatches.
Promoting An Age Inclusive Workforce Living Learning And Earning Longer
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2020-12-16
Promoting An Age Inclusive Workforce Living Learning And Earning Longer written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-16 with categories.
All OECD economies are undergoing rapid population ageing, leading to more age diversity in workplaces than ever before as people are not only living longer but working longer. This report presents a business case for embracing greater age diversity at the workplace and debunks several myths about generational differences in work performance, attitudes and motivations towards work.
Investments In A Sustainable Workforce In Europe
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Author : Tanja van der Lippe
language : en
Publisher: Routledge
Release Date : 2019
Investments In A Sustainable Workforce In Europe written by Tanja van der Lippe and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
A sustainable European workforce has become increasingly relevant in our present day and age. Flexibility and job insecurity are omnipresent; organizational workforces are displaying growing diversity with respect to age, gender, ethnicity and family status; and Europe's welfare states are delegating more and more responsibility for the well-being of workers to employers. Now more so than ever, organizations need to consider investing in workers to improve their performance and level of satisfaction. These investments can take many forms, including flexible work arrangements, training plans, child-related policies and health programs. The crucial question is how to make this happen. Why do some organizations invest more and others less in their employees? Why do some employees make use of these investments and while others do not? Why do such investments sometimes improve employee performance and satisfaction and sometimes not? This book addresses precisely these questions. The book contributes a new, large-scale survey of 259 organizations, 869 work units, and 11,011 employees in six diverse economic sectors in the Bulgaria, Finland, Germany, Hungary, the Netherlands, Portugal, Spain, Sweden and UK to study the causes and consequences of organizational investments. This book appeals to undergraduate and postgraduate students, researchers and lecturers in the fields of Sociology, Business and Management, and Organizational Studies. It will also be useful for practitioners of Human Resource Management and others interested in workforce sustainability.
Demographic Headwinds In Central And Eastern Europe
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Author : Cristina Batog
language : en
Publisher: International Monetary Fund
Release Date : 2019-07-15
Demographic Headwinds In Central And Eastern Europe written by Cristina Batog and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-15 with Social Science categories.
The populations of Central and Eastern European (CESEE) countries—with the exception of Turkey—are expected to decrease significantly over the next 30 years, driven by low or negative net birth rates and outward migration. These changes will have significant implications for growth, living standards and fiscal sustainability.
The Impact Of Demographics On Productivity And Inflation In Japan
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Author : Mr.Niklas J Westelius
language : en
Publisher: International Monetary Fund
Release Date : 2017-01-18
The Impact Of Demographics On Productivity And Inflation In Japan written by Mr.Niklas J Westelius and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-18 with Social Science categories.
Is Japan’s aging and, more recently, declining population hampering growth and reflation efforts? Exploiting demographic and economic variation in prefectural data between 1990 and 2007, we find that aging of the working age population has had a significant negative impact on total factor productivity. Moreover, prefectures that aged at a faster pace experienced lower overall inflation, while prefectures with higher population growth experienced higher inflation. The results give strong support to the notion that demographic headwinds can have a non-trivial impact on total factor productivity and deflationary pressures.
Automation Anxiety
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Author : Cynthia Estlund
language : en
Publisher: Oxford University Press
Release Date : 2021-07-16
Automation Anxiety written by Cynthia Estlund and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-16 with Law categories.
Are super-capable robots and algorithms destined to devour our jobs and idle much of the adult population? Predictions of a jobless future have recurred in waves since the advent of industrialization, only to crest and retreat as new jobs-usually better ones-have replaced those lost to machines. But there's good reason to believe that this time is different. Ongoing innovations in artificial intelligence, machine learning, and robotics are already destroying more decent middle-skill jobs than they are creating, and may be leading to a future of growing job scarcity. But there are many possible versions of that future, ranging from utterly dystopian to humane and broadly appealing. It all depends on how we respond. This book confronts the hotly-debated prospect of mounting job losses due to automation, and the widely-divergent hopes and fears that prospect evokes, and proposes a strategy for both mitigating the losses and spreading the gains from shrinking demand for human labor. We should set our collective sights, it argues, on ensuring access to adequate incomes, more free time, and decent remunerative work even in a future with less of it. Getting there will require not a single "magic bullet" solution like universal basic income or a federal job guarantee but a multi-pronged program centered on conserving, creating, and spreading work. What the book proposes for a foreseeable future of less work will simultaneously help to address growing economic inequality and persistent racial stratification, and makes sense here and now but especially as we face the prospect of net job losses.