Aging Population and Effects on Labour Market

Șerban, Andreea Claudia

doi:10.1016/s2212-5671(12)00041-x

Cited by 30 publications

(28 citation statements)

References 3 publications

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“…These processes are analysed at all levels: individual, organizational and societal. Authors (Caron, Griffith & Arcand, 2005;Serban, 2012;Orlická, 2015) distinguish two categories of the ageing population effects: (i) Direct effects: the size and quality of employment, capital/labour ratio and technical progress; (ii) Indirect effects: effects on budgets and, thus, on the whole economy.…”

Section: Literature Review On the Impact Of Population Ageing On The mentioning

confidence: 99%

“…A declining and ageing society is often considered to have a negative impact on economic growth and the labour market (Chesnais, 1998;Fina-Sanglas, 2000). The impact of ageing population on the labour market is reflected in the negative impact on labour volume, causing shortage of labour force, diminishing economic resources and increasing government spending needed to support older people for the health care and pensions, pressure on education systems, social and health insurance, higher taxes due to tension in social system, accumulation of pension funds may reduce other types of investment (Kanopienė & Mikulionienė, 2006;WHO, 2012;Serban, 2012;Pettinger, 2013;Jowit, 2013). In addition, there is concern that older people will be recipients of state pensions for a longer period of time and will also benefit from savings in both private and national accounts (Lee & Mason, 2011).…”

Section: Literature Review On the Impact Of Population Ageing On The mentioning

confidence: 99%

“…In the short term, positive effects can be expected by reducing costs for pre and postnatal leaves, child benefits, healthcare, education, in the long term, however, they increase the elderly dependency ratio (Serban, 2012). The concerns about the ageing population are encompassed with the "demographic deficit".…”

Section: Literature Review On the Impact Of Population Ageing On The mentioning

confidence: 99%

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Evaluating the Impact of Ageing Population on Labour Market

Mačiulytė-Šniukienė

Matuzevičiūtė

Ruplienė

2019

Proceedings of 6th International Scientific Conference Contemporary Issues in Business, Management and Economics Engineering ‘2

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Purpose – ageing population causes a number of economic and social problems related to changes in the labour market. This study aims to evaluate the effect of the ageing population on the labour force which is the main indicator of the labour market in EU member states. Research methodology – in order to achieve the aim of the study we applied the following methods: i) trend analysis to estimate and present population and changes of labour force over period, and ii) decomposition method to examine the effects of population and labour force structure in terms of age changes on size of labour force. Findings – over the 2003–2017 period volume of the labour force has declined in Romania, Lithuania, Portugal, Latvia and Greece. This negative effect is influenced by both depopulation and structural changes in the workforce, including population ageing. Size of the labour force has increased in 23 countries, but in 11 of them, these positive changes were influenced by the rising of population activity, while depopulation it influenced negatively. Research limitations – research results support the theoretical approach that ageing population may negatively affect the labour market but do not provide ways to solve this problem and this is the implication for further research. Practical implications – the obtained results are useful for policymakers of the labour market (including pension reforms). Originality/Value – the study contributes to scientific literature by sufficient understanding of ageing population problems that occur in labour market and fills the gap in research of ageing population impact on the labour market, using data of EU member states.

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Section: Literature Review On the Impact Of Population Ageing On The mentioning

confidence: 99%

Section: Literature Review On the Impact Of Population Ageing On The mentioning

confidence: 99%

Section: Literature Review On the Impact Of Population Ageing On The mentioning

confidence: 99%

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Evaluating the Impact of Ageing Population on Labour Market

Mačiulytė-Šniukienė

Matuzevičiūtė

Ruplienė

2019

Proceedings of 6th International Scientific Conference Contemporary Issues in Business, Management and Economics Engineering ‘2

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“…have the greatest impact on the size of the group of people who stay outside the labour force. Longer life expectancy and a low fertility rate cause the economically inactive group to increase, and consequently the workforce shrinks (the problem is widely discussed by Dixon, 2003;Russel, Fahey, 2004;Rudawska, 2010;Serban, 2012;Kotowska, 2008;Kiełkowska, 2013;Strzelecki, 2013;Pleśniak, 2014;Kłos, Russel, 2016 among others). The construction of the social security system is another factor influencing the size of the group outside the labour market.…”

Section: Causes Of Economic Inactivitymentioning

confidence: 99%

Women’s Economic Inactivity and Age. Analysis of the Situation in Poland and the EU

Matuszewska‐Janica

2018

Folia Oeconomica

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The group of economically inactive women is heavily diversified. The reasons for staying outside the labour market are the important factors that differentiate this group. They depend on the age or level of education among others. In addition, there is great geographical heterogeneity of the reasons for economic inactivity. Hence, two questions arise. Firstly, how significant is the geographical diversity of the reasons for staying outside the labour market in the European Union? Secondly, have these geographical differences been changing over time? The main aim of the analysis is the classification of the EU countries taking into consideration reasons for women’s economic inactivity in different age groups. The analysis is carried out applying descriptive statistics and the k‑means method. The data are taken from the publicly available Eurostat’s Labour Force Survey datasets. The study of general tendencies in women’s economic inactivity covers the years 2000–2016. In turn, cluster analysis was carried out for data from 2006, 2010 and 2014. The obtained results confirmed significant diversity of the EU states. In addition, this geographical diversity has been changing over time. We receive the greatest similarity of classification obtained for different periods for the 50–64 age group and the smallest for the 25–49 age group. Moreover, there are noticeable tendencies of a significant decrease in the share of the economically inactive in the group of the oldest individuals (aged 50–64) in the sample. On the other hand, in the youngest group (individuals aged under 25), there are opposite tendencies observed – the share of those who remain outside the labour market increases.

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“…Consequences are increased dependency ratio's Serban, 2012), the challenge of payable care systems (Tinker, 2002;Aysan and Beaujot, 2009) and workable inclusion of 'active ageing' elderly in society (Sidorenko, 1999;EC, 2009). A specific aspect is that rural communities tend to be more vulnerable to potentially negative outcomes of ageing, such as lower income and higher demand for care (Davies, 2011).…”

Section: Western Populations Are Ageingmentioning

confidence: 99%