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Expected Changes in the Workforce and Implications for Labor Markets

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dc.contributor.authorLevine, Phillip B.
dc.contributor.authorMitchell, Olivia S.
dc.date.accessioned2020-11-25T14:53:09Z
dc.date.available2020-11-25T14:53:09Z
dc.date.issued1991-06-01
dc.description.abstract[Excerpt] While many have written about possible effects of the baby boom on the U.S. economy, few have recognized that this demographic transition provides analysts with a unique and valuable opportunity to investigate how the labor market works. Specifically, as baby boomers move up the age distribution, they impart a one-time shock to the supply of potential workers in each age bracket. Because this change is exogenous, many of the tools labor economists typically apply can be utilized to predict how the aging of the baby boom will alter key labor market outcomes. Theoretical and empirical models which (either implicitly or explicitly) hold constant structural parameters in order to work through the effects of an exogenous shock are well-suited to address this issue.
dc.description.legacydownloads91_21_Expected_changed_in_the_workforce.pdf: 3232 downloads, before Oct. 1, 2020.
dc.identifier.other172391
dc.identifier.urihttps://hdl.handle.net/1813/77225
dc.language.isoen_US
dc.subjectCAHRS
dc.subjectILR
dc.subjectcenter
dc.subjecthuman resource
dc.subjectjob
dc.subjectworker
dc.subjectadvanced
dc.subjectlabor market
dc.subjectsatisfaction
dc.subjectemployee
dc.subjectwork
dc.subjectmanage
dc.subjectmanagement
dc.subjecthealth insurance
dc.subjectflexible benefits
dc.subjectbenefits
dc.subjectfirms
dc.subjectprogram
dc.subjectcompensation
dc.subjectage
dc.subjectgender
dc.subjectsalary
dc.subjectmarital status
dc.subjectlabor economics
dc.subjectpremium
dc.titleExpected Changes in the Workforce and Implications for Labor Markets
dc.typepreprint
local.authorAffiliationLevine, Phillip B.: Princeton University and Wellesley College
local.authorAffiliationMitchell, Olivia S.: Cornell University

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