Conclusions and Policy Implications

Pekka Ilmakunnas, Jan van Ours, Vegard Skirbekk and Matthias Weiss

in Ageing, Health, and Productivity

Published in print November 2010 | ISBN: 9780199587131
Published online January 2011 | e-ISBN: 9780191595370 | DOI:
Conclusions and Policy Implications

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This concluding chapter contributes to the discussion in two ways. First, it presents a ‘grand view’ in which it discusses the various components of productivity in detail, and then looks at long-term historical developments where changing economic structures are taken into account. Second, it presents results from an empirical analysis in which it considers both the ‘extensive margin’ of productivity (absenteeism at an individual level) and the ‘intensive margin’ of productivity (productivity conditional on being present at work at a group level or firm level).

Keywords: ageing; productivity; life expectancy; labour market; absenteeism; group level; firm level

Chapter.  2067 words. 

Subjects: Macroeconomics and Monetary Economics

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