5min chapter

ROCKING OUR PRIORS cover image

How does Low Fertility Affect Economic Growth, Worldwide? Jesús Fernández-Villaverde

ROCKING OUR PRIORS

CHAPTER

Aging Workforce and Academic Opportunities

This chapter explores the impact of an aging workforce on career prospects for younger academics, emphasizing how the reluctance of older generations to retire creates barriers to advancement. It highlights the resulting wage compression and the complexities of balancing seasoned expertise with the need for fresh talent in academia.

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