The paper will focus on the following below. There is also a statistical analysis section required in the essay. Please see more information about the assignment format in the attached files section. This topic will be based on the following:
Pick a country, Canada being a natural one, and think about how population age distribution changes would have affected the labour market since the Second World War. That will get at changing opportunities as well as outcomes in terms both of incomes and unemployment rates. Since the baby boom was exclusively a phenomenon of the English-speaking world, excluding England itself (i.e. Canada, the US, Australia and New Zealand), next pick a country which didn’t have a baby boom and look at its long run (i.e. since the end of the Second World War) demographic patterns – how do they differ from a baby boom countries and what are the labour demand and supply implications (draw labour demand and supply curves). A country that’s always interesting to think about is Japan – look at what’s been happening to it’s age profile in the past couple of decades and think about the labour market implications of that. And think about the implications of the retirement of the baby boom group in Canada – what will it mean for labour markets?