01725cas a2200253 a 4500 AALejournalIMF017275 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475559729 1018-5941 BD-DhAAL BD-DhAAL Aiyar, Shekhar. The Impact of Workforce Aging on European Productivity / Shekhar Aiyar, Christian Ebeke. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The age-distribution of Europe's workforce has shifted towards older workers over the past few decades, a process expected to accelerate in the years ahead.. This paper studies the effect of the aging of the workforce on labor productivity, identifies the main transmission channels, and examines what policies might mitigate the effects of aging. We find that workforce aging reduces growth in labor productivity, mainly through its negative effect on TFP growth. Projected workforce aging could reduce TFP growth by an average of 0.2 percentage points every year over the next two decades. A variety of policies could ameliorate this effect. Mode of access: Internet Ebeke, Christian. IMF Working Papers; Working Paper ; No. 2016/238 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/238/001.2016.issue-238-en.xml IMF e-Library