Displaying 301 - 310 of 378

Asian Development Outlook: How Technology Affects Jobs

18 May 2018
Despite the advent of the Fourth Industrial Revolution, job prospects in Asia are positive. Emerging technologies often automate only some tasks of a job, not the entire job. They result in the creation of non-routine, cognitive jobs, which have witnessed wage growth. Robot use, however, could…

Discussion on "How Technology Affects Jobs"

18 May 2018
The presenter noted that the regression estimates are very low in the table on changes in robot inputs and impact on employment. He also suggested further disagreggating the analysis at residence, gender, and education levels.

The Impact of Demographic Change on Labor Supply and Economic Growth: Can Asia Meet the Challenge Ahead?

18 May 2018
Some member-nations of the Asia Pacific Economic Cooperation (APEC) will see their working-age population grow or slightly decline by 2050; others will see them shrink. Several APEC countries rely on migration to expand their labor force and GDP. The labor force participation rates among people…

Tapping Technology to Maximize the Longevity Dividend in Asia

18 May 2018
The workforce in many Asian countries is aging and shrinking. Specific technologies could help improve the labor force participation of senior citizens or their productivity. Policies should promote the promotion and adoption of technologies, lifelong learning for seniors, and cross-border, intra-…

Nonlinear Effects of Population Aging on Economic Growth

17 May 2018
Using the panel data consisting of 142 countries for the period between 1960 and 2014, the authors assessed the nonlinear effects of population aging on economic growth. They found that population aging negatively affects economic growth only when it reaches a certain high level and its negative…

Discussion on “Nonlinear Effects of Population Aging on Economic Growth”

17 May 2018
In discussing the presentation on “Nonlinear Effects of Population Aging on Economic Growth” presented by Hyun-Hoon Lee, the presenter noted that in principle, population aging may affect growth through labor supply, capital accumulation, and productivity. He also noted that the empirical evidence…

Untapped Work Capacity Among Old Persons and Their Potential Contributions to the 'Silver Demographic Dividend' in Japan

17 May 2018
In this presentation, the authors have measured the untapped work capacity of old persons, using the microdata gathered in the Japanese Study of Aging and Retirement (JSTAR), a longitudinal survey carried out on subjects aged 50–75. Their results show that the volume of untapped work capacity of…

Discussion on “Untapped Work Capacity Among Old Persons and Their Potential Contributions to the 'Silver Demographic Dividend' in Japan"

17 May 2018
In discussing the presentation on "Untapped work capacity among old persons and their potential contributions to the ‘silver demographic dividend' in Japan" by Rikiya Matsukura, the presenter noted that the Japanese experience in tackling the issues of population aging provides valuable lessons to…

Firm and Worker Dynamics in an Aging Labor Market

17 May 2018
The author assesses the impact of an aging labor force on business dynamism, labor market fluidity, and economic growth. The analysis embeds endogenous growth through creative destruction in an equilibrium job ladder model, highlighting feedback between the extent of mismatch in the labor market…

Changes in Labor Force Participation in China

17 May 2018
The People’s Republic of China is a fast-growing and transitional economy that is experiencing drastic demographic shifts, but little is known about the patterns of labor force participation over time, as well as the sources and determinants of changes in participation rates – both important…