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To promote transparency and provide information, the Federal Planning Bureau regularly publishes the methods and results of its works. The publications are organised in different series, such as Outlooks, Working Papers and Planning Papers. Some reports can be consulted here, along with the Short Term Update newsletters that were published until 2015. You can search our publications by theme, publication type, author and year.
The distinction between the young and the elderly within low and high wage earning employment in HERMES, the FPB's medium-term macroeconomic model, enables the assessment of both age and wage related labour cost reducing policies. The age structure of salaried employment in each branch of activity is embedded in a three-stage mechanism. First, aggregate demand and the relative cost of labour to capital determine salaried employment. Next, relative wages allocate employment among three major labour categories: low-paid jobs, high-paid jobs and special-employment programmes. Finally, within each labour category relative wages allocate employment between the young (aged less than fifty) and the elderly (aged fifty or more).
The Working Paper presents a study or analysis conducted by the Federal Planning Bureau on its own initiative.
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Labour market
Macroeconomic forecasts and analyses
JEL
Mathematical and Quantitative Methods > Data Collection and Data Estimation Methodology; Computer Programs [C8]
Macroeconomics and Monetary Economics > Consumption, Saving, Production, Employment, and Investment > Employment; Unemployment; Wages [E24]
Labor and Demographic Economics > Time Allocation, Work Behavior, and Employment Determination > Employment Determination; Demand for Labor; Self-employment [J23]
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