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  • Explores how the age structure of the workforce affects aggregate productivity, and asserts that the impacts of aging on the dynamic channels of mobility, innovation, and entrepreneurship are more worrying than the effect of worker age alone on a firm’s productivity. Though higher age is associated with deterioration in some skills, aging does not necessarily lead to a drop-off in skills; some seemingly inevitable effects of aging could reflect issues specific to an older cohort of workers rather than the process of aging that will at some point affect younger cohorts, and the medical literature suggests that future cohorts will do better as they age. The old may be better than the young at certain things, but worse at others, and grasping the comparative advantage potential of aging will prove beneficial. In Europe and Central Asia (ECA) and the Baltics, as in other developing regions, the rise in average educational levels in successive cohorts provides an important cohort effect. (xsd:string)
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  • https://doi.org/10.1596/978-1-4648-0353-6. (PIAAC) (xsd:string)
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  • 10.1596/978-1-4648-0353-6 ()
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  • The effects of aging on productivity: Diverse, not alarming (xsd:string)
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  • Golden Aging: Prospects for Healthy, Active, and Prosperous Aging in Europe and Central Asia (xsd:string)
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  • In Golden Aging: Prospects for Healthy, Active, and Prosperous Aging in Europe and Central Asia, edited by Bussolo, M. and Koettl, J. and Sinnott, E., 167-212, World Bank, 2015 (xsd:string)
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