Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26360
Authors: 
Henschel, Beate
Pohl, Carsten
Thum, Marcel
Year of Publication: 
2008
Series/Report no.: 
CESifo working paper 2315
Abstract: 
Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of labour demand and supply during demographic transitions. The simulation results for eastern Germany, a forerunner in the demographic process, show that the population decline will not help to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will play a major role and could impede the development of industrial centers.
Subjects: 
demographic change
labour market
unemployment
long-run projection
general equilibrium
JEL: 
J1
J2
R1
Document Type: 
Working Paper

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