Castellucci, Fabrizio; Pica, Giovanni - Centro Studi di Economia e Finanza (CSEF) - 2009
Aging is a global phenomenon. If older individuals are less productive, an aging working population can lower aggregate … productivity, economic growth and fiscal sustainability. Therefore, understanding the age-productivity gradient is key in a aging … society. However, estimating the effect of aging on productivity is a daunting task. First, it requires clean measures of …