COVID-19, Technology and Jobs: Impact on Labor Markets in Cambodia and the Philippine

This presentation highlights key insights from employment and poverty impact assessment done for Cambodia and the Philippines. Labor markets in these countries are characterized by high informality, vulnerable, and irregular employment with limited social protection coverage. Significant impact has also been established for women particularly among low-skilled workers.

Sang Hyon Lee

Mr. Lee is a Research Fellow at the Korea Employment Information Service, 2006 Previously, he was Director for International Cooperation Team and for Employment Service Evaluation Center, among others. He obtained his PhD in Business Administration from Korea University of Technology and Education in 2013. His thesis was on the Impact of Servant Leadership and HRM Control on the Burnout and Engagement of Emotional Workers: The Case of Career Counselors.

Discussion on "Firm and Worker Dynamics in an Aging Labor Market"

In discussing the presentation on the “Firm and Worker Dynamics in an Aging Labor Market” by Niklas Engbom, the presenter offers an alternative method to separate the direct age effect on job-to-job mobility. He also encouraged the authors to quantify the contribution of "on-the-job search" on business dynamism, and provide some empirical evidence that the entry rate by age does not change significantly between early and late periods.

Firm and Worker Dynamics in an Aging Labor Market

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 and incentives to innovate. Using cross-state variation and instrumenting for the incidence of aging using lagged age shares, the author found additional empirical support for the prediction of significant effects of aging on dynamism and growth.