Population Aging, Labor Demand, and the Structure of Wages
AbstractOne consequence of demographic change is substantial shifts in the age distribution of the working age population. As the baby boom generation ages, the usual historical pat tern of there being a high ratio of younger workers relative to older workers is increasingly being replaced by a pattern of there being roughly equal percentages of workers of different ages. One might expect that the increasing relative supply of older workers would lower the wage premium paid for older, more experienced workers.
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Bibliographic InfoPaper provided by Center for Retirement Research in its series Working Papers, Center for Retirement Research at Boston College with number wp2007-14.
Length: 36 pages
Date of creation: Aug 2007
Date of revision: Oct 2007
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Other versions of this item:
- Margarita Sapozhnikov & Robert K. Triest, 2007. "Population aging, labor demand, and the structure of wages," Working Papers 07-8, Federal Reserve Bank of Boston.
- NEP-AGE-2008-03-25 (Economics of Ageing)
- NEP-ALL-2008-03-25 (All new papers)
- NEP-LAB-2008-03-25 (Labour Economics)
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