Arbeitspapier

Demographic change and regional labour markets

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.

Sprache
Englisch

Erschienen in
Series: ZEW Discussion Papers ; No. 20-067

Klassifikation
Wirtschaft
Demographic Trends, Macroeconomic Effects, and Forecasts
Wage Level and Structure; Wage Differentials
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Thema
ageing
demographic change
regional differences
wage returns to age

Ereignis
Geistige Schöpfung
(wer)
Böhm, Michael
Gregory, Terry
Qendrai, Pamela
Siegel, Christian
Ereignis
Veröffentlichung
(wer)
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
(wo)
Mannheim
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:47 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Böhm, Michael
  • Gregory, Terry
  • Qendrai, Pamela
  • Siegel, Christian
  • ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung

Entstanden

  • 2020

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