The impact of ageing on welfare and labour productivity: An econometric analysis for the Netherlands

Lourens Broersma, Jouke van Dijk, Inge Noback

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

Abstract

Ageing attracts ever-increasing attention because it has many implications for welfare and society and is an important subject for policymakers. This chapter focuses on ageing effects on welfare and labour supply. How can a falling labour supply be compensated for while welfare is maintained? In principle, there are five possible ways: (i) increase the retirement age; (ii) increase the annual number of working hours; (iii) increase labour productivity; (iv) increase net labour participation; and/or (v) optimise the spatial allocation of productive activities and jobs. This chapter focuses on growing labour productivity as a means to counteract the adverse effects of ageing using a new and unique micro-level dataset for the Netherlands.
Original languageEnglish
Title of host publicationDemographic Transition, Labour Markets and Regional Resilience
Subtitle of host publicationAdvances in Spatial Science
EditorsC. Martinez, T. Weyman, J. van Dijk
PublisherSpringer International Publishing AG
Pages235-264
Number of pages30
ISBN (Electronic)978-3-319-63196-7
ISBN (Print)978-3-319-63196-7
DOIs
Publication statusE-pub ahead of print - 2 Nov 2017
Externally publishedYes

Publication series

SeriesAdvances in Spatial Science

Keywords

  • labour participation
  • aging
  • welfare

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