000			02831nam a22003734a 4500
001			WPIEA2018150
003			IMF
005			20190405194621.0
006			m o d
007			cr cn|||||||||
008			020129s2018 dcu o i00 0 eng d
020			_a1484361520 : _c18.00 USD
020			_z9781484361528
024	7		_a10.5089/9781484361528.001 _2doi
035			_a(IMF)WPIEA2018150
040			_aDcWaIMF _beng
100	1		_aGrigoli, Francesco.
245	1	0	_aDrivers of Labor Force Participation in Advanced Economies _h[electronic resource] : _bMacro and Micro Evidence / _cFrancesco Grigoli.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c2018.
300			_a1 online resource (40 p.)
490	1		_aIMF Working Papers
520	3		_aDespite significant headwinds from population aging in most advanced economies (AEs), labor force participation rates show remarkably divergent trajectories both across countries and across different groups of workers. Participation increased sharply among prime-age women and, more recently, older workers, but fell among the young and prime-age men. This pa- per investigates the determinants of these trends using aggregate and individual-level data. We find that the bulk of the dramatic increase in the labor force attachment of prime-age women and older workers in the past three decades can be explained by changes in labor mar- ket policies and institutions, structural transformation, and gains in educational attainment. Technological advances such as automation, on the other hand, weighed on the labor supply of prime-age and older workers. In light of the dramatic demographic shifts expected in the coming decades in many AEs, our findings underscore the need to invest in education and training, reform the tax system, reduce early retirement incentives, improve the job-matching process, and help individuals combine family and work life in order to alleviate the pressures from aging on labor supply.
588			_aDescription based on print version record.
650		4	_aDemographic Trends And Forecasts _2imf
650		4	_aLabor Force And Employment, Size, And Structure _2imf
650		4	_aLabor Force Participation _2imf
650		4	_aTechnological Change: Choices And Consequences _2imf
651		4	_aAll Countries _2imf
700	1		_aKoczan, Zsoka.
700	1		_aTopalova, Petia.
776	0	8	_iPrint Version: _aGrigoli, Francesco _tDrivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence _dWashington, D.C. : International Monetary Fund,2018 _z9781484361528
830		0	_aIMF Working Papers; Working Paper ; _vNo. 18/150
856	4	0	_uhttp://elibrary.imf.org/view/IMF001/25257-9781484361528/25257-9781484361528/25257-9781484361528.xml _zIMF e-Library
856	4	0	_uhttp://www.imfbookstore.org/IMFORG/9781484361528 _zIMF Book Store
999			_c164391 _d164391