The Implications of the Current German Demographic Evolution

Mussio, Irene; Tondo, Christian

doi:10.2139/ssrn.1445410

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The Implications of the Current German Demographic Evolution

Towers Watson Technical Paper No. 1445410

14 Pages Posted: 10 Aug 2009

See all articles by Irene Mussio

Christian Tondo

Willis Towers Watson

Date Written: June 1, 2009

Abstract

Over the coming decades migration rates are not expected to compensate for the negative effect of low fertility rates in Germany. The size of the population and its workforce supply, particularly in terms of skilled workers, will decline. This might affect companies recruiting in the German labour market. Based on the current demographic scenario, and using dynamic models, the population with tertiary education in Germany could decline by 650,000 over the next four decades.

Keywords: Demography, Demographic trends, Demographic forecast, Human capital estimation

JEL Classification: J10, J11, J24

Suggested Citation: Suggested Citation

Mussio, Irene and Tondo, Christian, The Implications of the Current German Demographic Evolution (June 1, 2009). Towers Watson Technical Paper No. 1445410, Available at SSRN: https://ssrn.com/abstract=1445410 or http://dx.doi.org/10.2139/ssrn.1445410