Advanced Search
MyIDEAS: Login to save this paper or follow this series

Labour Market Matters - October 2013

Contents:

Author Info

  • Tran, Vivian
Registered author(s):

    Abstract

    Literacy is central to the improvement and betterment of any society. Individuals cannot fully engage in social and political discourse, and are more likely to become less-than-equals in society without basic literacy to pursue their goals. On the individual level, more literate individuals tend to enjoy better employment opportunities and higher earnings – leading to a better quality of life. On a societal level, a more literate workforce may be better positioned to adjust to change and to adopt new technologies. Thus, improving literacy for individuals may have spill-over effects that benefit the economy as a whole. As many industrialized countries are facing significant population ageing in the coming decades, what are the implications for literacy skills? A paper entitled “Ageing and Literacy Skills: Evidence from Canada, Norway and the United States†(CLSRN Working Paper no. 98) by CLSRN affiliates David A. Green and W. Craig Riddell (both of the University of British Columbia) studies the relationship between age and literacy skills using data from the 1994 International Adult Literacy Survey (IALS) and the 2003 International Adult Literacy and Life Skills Survey (IALSS). Canada, as many other advanced economies is projected to face a significant “greying†of its population in the coming decades due to factors such as the ageing of the baby boomers and low-birth rates. What impact will population ageing have on the Labour Market? A study entitled “Inter-temporal and Inter-industry Effects of Population Ageing: A General Equilibrium Assessment for Canada†by CLSRN Affiliates Nabil Annabi, Maxime Fougère, and Simon Harvey (all of Human Resources and Skills Development Canada, HRSDC) find that the projected decline in the growth of the labour force would raise pressures on labour markets leading to an increase in wages and to an unprecedented decline in unemployment. However, the authors show that the impact would vary at the industrial and occupational levels causing significant distributional effects. The authors also suggest that investment in capital and labour quality would become more important than labour quantity in the determination of productivity.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.clsrn.econ.ubc.ca/Labour%20Market%20Matters%20-%20October%202013.pdf
    File Function: Main Text
    Download Restriction: no

    Bibliographic Info

    Paper provided by Vancouver School of Economics in its series CLSSRN working papers with number clsrn_admin-2013-48.

    as in new window
    Length: 2 pages
    Date of creation: 29 Oct 2013
    Date of revision: 29 Oct 2013
    Handle: RePEc:ubc:clssrn:clsrn_admin-2013-48

    Contact details of provider:
    Web page: http://www.clsrn.econ.ubc.ca/

    Related research

    Keywords: Human capital; Cognitive skills; Literacy; Ageing; Population ageing; growth; general equilibrium model; overlapping generations; Canada;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ubc:clssrn:clsrn_admin-2013-48. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vivian Tran).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.