Böhm, M. J., Gregory, T., Qendrai, P., Siegel, Christian (2021) Demographic Change and Regional Labour Markets. Oxford Review of Economic Policy, 37 (1). pp. 113-131. ISSN 0266-903X. E-ISSN 1460-2121. (doi:10.1093/oxrep/graa063) (KAR id:84211)
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Official URL: http://dx.doi.org/10.1093/oxrep/graa063 |
Abstract
Like many other countries, Germany has experienced rapid population and workforce ageing, yet with substantial variation across regions. In this paper we first use this spatial variation between 1975 and 2014 to estimate quasi-causal supply effects of ageing on regional labour market outcomes, drawing on the identification strategy of Böhm and Siegel (2020). We find in our panel of German labour market regions that workforce mean age has considerable negative effects on the wage returns to age. We also obtain suggestive evidence that relative employment rates of older workers decline when mean age rises. A decomposition of the heterogeneous regional trends using our estimates shows that ageing of rural regions is mainly driven by supply (reflecting local population dynamics) whereas urban ageing is driven by demand (reflecting responses to economic conditions). We discuss the differential implications of these drivers for regional policy.
Item Type: | Article |
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DOI/Identification number: | 10.1093/oxrep/graa063 |
Uncontrolled keywords: | ageing, demographic change, regional differences, wage returns to age, JEL Codes: J11, J31, R23 |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
Depositing User: | Christian Siegel |
Date Deposited: | 16 Nov 2020 15:00 UTC |
Last Modified: | 05 Nov 2024 12:50 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/84211 (The current URI for this page, for reference purposes) |
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