Live Longer, Work Longer: Making It Happen in the Labor Market

An aging population and the corresponding shrinkage of the labor force will create a significant drag on economic growth and may jeopardize the economic well-being of some of the elderly. Thus working longer is an imperative--but extending working lives has proven difficult, both because workers do...

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Main Authors:	Vodopivec, Milan, Dolenc, Primoz
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	General Welfare I310 Demographic Trends and Forecasts General Migration J110 Labor Force and Employment, Size, and Structure J210 Labor Demand J230 Human Capital Skills Occupational Choice Labor Productivity J240
Online Access:	http://hdl.handle.net/10986/4999

id	okr-10986-4999
recordtype	oai_dc
spelling	okr-10986-49992021-04-23T14:02:20Z Live Longer, Work Longer: Making It Happen in the Labor Market Vodopivec, Milan Dolenc, Primoz General Welfare I310 Demographic Trends and Forecasts General Migration J110 Labor Force and Employment, Size, and Structure J210 Labor Demand J230 Human Capital Skills Occupational Choice Labor Productivity J240 An aging population and the corresponding shrinkage of the labor force will create a significant drag on economic growth and may jeopardize the economic well-being of some of the elderly. Thus working longer is an imperative--but extending working lives has proven difficult, both because workers do not want to work longer and because employers are lukewarm about employing older workers. As measures that can be taken to motivate workers to work longer, the paper proposes providing retirement incentives and attractive, flexible working arrangements. To induce employers to hire old workers, it suggests removing the obstacles imposed by restrictive labor market institutions, an increase in the human capital of workers via life-long learning, and addressing age-discrimination. Chances for extending working lives will also increase as the health of elderly workers is improved. 2012-03-30T07:30:46Z 2012-03-30T07:30:46Z 2008 Journal Article Financial Theory and Practice 1846887X http://hdl.handle.net/10986/4999 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	General Welfare I310 Demographic Trends and Forecasts General Migration J110 Labor Force and Employment, Size, and Structure J210 Labor Demand J230 Human Capital Skills Occupational Choice Labor Productivity J240
spellingShingle	General Welfare I310 Demographic Trends and Forecasts General Migration J110 Labor Force and Employment, Size, and Structure J210 Labor Demand J230 Human Capital Skills Occupational Choice Labor Productivity J240 Vodopivec, Milan Dolenc, Primoz Live Longer, Work Longer: Making It Happen in the Labor Market
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	An aging population and the corresponding shrinkage of the labor force will create a significant drag on economic growth and may jeopardize the economic well-being of some of the elderly. Thus working longer is an imperative--but extending working lives has proven difficult, both because workers do not want to work longer and because employers are lukewarm about employing older workers. As measures that can be taken to motivate workers to work longer, the paper proposes providing retirement incentives and attractive, flexible working arrangements. To induce employers to hire old workers, it suggests removing the obstacles imposed by restrictive labor market institutions, an increase in the human capital of workers via life-long learning, and addressing age-discrimination. Chances for extending working lives will also increase as the health of elderly workers is improved.
format	Journal Article
author	Vodopivec, Milan Dolenc, Primoz
author_facet	Vodopivec, Milan Dolenc, Primoz
author_sort	Vodopivec, Milan
title	Live Longer, Work Longer: Making It Happen in the Labor Market
title_short	Live Longer, Work Longer: Making It Happen in the Labor Market
title_full	Live Longer, Work Longer: Making It Happen in the Labor Market
title_fullStr	Live Longer, Work Longer: Making It Happen in the Labor Market
title_full_unstemmed	Live Longer, Work Longer: Making It Happen in the Labor Market
title_sort	live longer, work longer: making it happen in the labor market
publishDate	2012
url	http://hdl.handle.net/10986/4999
_version_	1764393547170054144

Live Longer, Work Longer: Making It Happen in the Labor Market

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