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Ageing and Labour Supply in Advanced Economies

Author

Listed:
  • Alexandra Brown

    (Reserve Bank of Australia)

  • Rochelle Guttmann

    (Reserve Bank of Australia)

Abstract

Population ageing is a global trend, which is most evident in advanced economies. This article details the impact of demographic developments on labour supply in advanced economies. The ageing of the workforce has tended to reduce labour supply. This has been mostly offset by increased labour force participation of women and older people. These trends are occurring in Australia, although strong migration has mitigated some of the impact of ageing.

Suggested Citation

  • Alexandra Brown & Rochelle Guttmann, 2017. "Ageing and Labour Supply in Advanced Economies," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 37-46, December.
    • Handle: RePEc:rba:rbabul:dec2017-05
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2017/dec/pdf/bu-1217-5-ageing-and-labour-supply-in-advanced-economies.pdf
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    References listed on IDEAS

    as
    1. Blau, Francine D. & Kahn, Lawrence M., 2013. "Female Labor Supply: Why is the US Falling Behind?," IZA Discussion Papers 7140, Institute of Labor Economics (IZA).
    2. Francine D. Blau & Lawrence M. Kahn, 2013. "Female Labor Supply: Why Is the United States Falling Behind?," American Economic Review, American Economic Association, vol. 103(3), pages 251-256, May.
    3. Natasha Cassidy & Stephanie Parsons, 2017. "The Rising Share of Part-time Employment," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 19-26, September.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Dean Hyslop & Amy Rice & Hayden Skilling, 2019. "Understanding labour market developments in New Zealand, 1986-2017," Reserve Bank of New Zealand Discussion Paper Series DP2019/02, Reserve Bank of New Zealand.
    2. Tong, Yuying & Chen, Feinian & Su, Wenyang, 2019. "Living arrangements and older People's labor force participation in Hong Kong, 1986–2016," Social Science & Medicine, Elsevier, vol. 229(C), pages 50-59.
    3. Jamie Culling & Hayden Skilling, 2018. "How does New Zealand stack up? A comparison of labour supply across the OECD," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 81, pages 1-19, April.
    4. Geoffrey Kingston & Susan Thorp, 2019. "Superannuation in Australia: A Survey of the Literature," The Economic Record, The Economic Society of Australia, vol. 95(308), pages 141-160, March.
    5. Benjamin HILGENSTOCK & Zsóka KÓCZÁN, 2020. "Storm Clouds Ahead? Migration And Labor Force Participation Rates In Europe," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 20(2), pages 75-88.

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