Gerontocracy in Motion? – European Cross-Country Evidence on the Labor Market Consequences of Population Ageing



Rheinisch-Westfalisches Institut

für Wirtschaftsforschung

Board of Directors:

Prof. Dr. Christoph M. Schmidt, Ph.D. (President),

Prof. Dr. Wim Kosters

Governing Board:

Heinrich Frommknecht (Chairman);

Eberhard Heinke, Dr. Dietmar Kuhnt, Dr. Henning Osthues-Albrecht

(Vice Chairmen);

Prof. Dr.-Ing. Dieter Ameling, Manfred Breuer, Prof. Dr. Walter Eberhard,

Prof. Dr. Harald B. Giesel, Marianne Halstrick-Schwenk, Dr. Thomas Koster,
Hartmut Krebs, Rolf Hermann Nienaber, Heinz Putzhammer,

Dr. Günter Sandermann, Dr. Gerd Willamowski

Advisory Board:

Prof. David Card, Ph.D., Prof. Dr. Clemens Fuest, Prof. Dr. Walter Kramer,

Prof. Dr. Michael Lechner, Prof. Dr. Till Requate, Prof. Nina Smith, Ph.D.,
Prof. Dr. Harald Uhlig, Prof. Dr. Josef Zweimüller

RWI : Discussion Papers

No. 8

Published by Rheinisch-Westfalisches Institut für Wirtschaftsforschung,
Hohenzollernstrasse 1/3, D-45128 Essen, Phone +49 (0) 201/81 49-0

All rights reserved. Essen, Germany, 2003

Editor: Prof. Dr. Christoph M. Schmidt, Ph.D.

ISSN 1612-3565 - ISBN 3-936454-15-9



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