Arbeitspapier

Demographic change and regional labour markets: the case of Eastern Germany

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.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 2315

Classification
Wirtschaft
Subject
demographic change
labour market
unemployment
long-run projection
general equilibrium
Regionaler Arbeitsmarkt
Alternde Bevölkerung
Regionale Arbeitslosigkeit
Arbeitsmarktprognose
Allgemeines Gleichgewicht
Neue Bundesländer

Event
Geistige Schöpfung
(who)
Henschel, Beate
Pohl, Carsten
Thum, Marcel
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2008

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Henschel, Beate
  • Pohl, Carsten
  • Thum, Marcel
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2008

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