Aging and Inequality: The Perspective of Labor Income Share

GSTDTAP > 气候变化

	Aging and Inequality: The Perspective of Labor Income Share
	[unavailable]
	2017-07-14
出版年	2017
语种	英语
国家	国际
领域	气候变化
英文摘要	Income inequality increases with population aging due to a shrinking labor force. Despite a growing literature on population aging, empirical studies exploring mechanisms between aging and income inequality are scarce. We estimate the impact of aging on inequality via the perspective of labor income share, based on cross-country information covering the period 1990–2010. Two transmission mechanisms are examined—aging leads to declining labor share and affects the average wage. Our robust finding shows that (i) there is a positive impact of aging on income inequality, (ii) this positive impact is because aging leads to a lower share of labor income, and (iii) more specifically, the labor share–reducing effect of aging comes from the shrinking labor force rather than the lowering of the average wage. WORKING PAPER NO: 764
URL	查看原文
来源平台	Asian Development Bank
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/234147
专题	气候变化
推荐引用方式 GB/T 7714	[unavailable]. Aging and Inequality: The Perspective of Labor Income Share,2017.