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Title:Regional labor markets and aging in Germany PDF Logo
Authors:Ochsen, Carsten
Issue Date:2009
Series/Report no.:Thünen-series of applied economic theory 102
Abstract:This paper analyzes how the aging labor force aþects the unemployment rate at the regional level in Germany. A theoretical model of equilibrium unemployment with spatial labor market interactions is used to study the eþects of age-related changes in job creation and job destruction. Using data for 343 districts, we then examine empirically the consequences of an aging labor force for the local labor markets in Germany. We apply diþerent estimation techniques to a spatial and time dynamic panel data model. According to the estimates, aging causes an increase in job destruction. In addition, aging in the local labor market increases job creation, while the spatial aging eþect on job creation in the local district is negative.
Subjects:Regional Unemployment
Vacancies and Separations
Job Creation
Regional Mobility
Spatial Interactions and Matching
Aging of the Labor Force
JEL:J64
J63
J23
J61
R12
J10
Document Type:Working Paper
Appears in Collections:Thünen Series of Applied Economic Theory, Universität Rostock

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