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Make yourselves scarce: the effect of demographic change on the relative wages and employment rates of experienced workers

Michael J. Böhm (University of Bonn and IZA), Christian Siegel (University of Kent and ROA) ; IZA Institute of Labor Economics

We argue that rising supply of experience not only reduces experienced workers’ relative wages but also their relative labor market participation. From a theoretical model we derive predictions which we quasi-experimentally investigate, using variation across U.S. local labor markets (LLMs) over the...

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Bibliographic details
Volume: no. 12243
Main Author: Böhm, Michael
Siegel, Christian
Format: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : March 2019
Extent: 1 Online-Ressource (59 Seiten) : Diagramme, Karten
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion paper series / IZA Institute of Labor Economics ; no. 12243
Links: Fulltext
HBZ-ID: HT020030450 » further libraries in North Rhine-Westphalia
Database: ULB Bonn