American Economic Senate

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Research subject

Labor and Demographics

Research on employment, earnings, participation, skills and the demographic conditions shaping economic adjustment.

High shelves and organised packages inside a warehouse.
High shelves and organised packages inside a warehouse. · Image credit

Labor input and household income

Employment, hours, wages and nonlabor income jointly affect household resources. A wage settlement for one group does not establish the change in earnings across the economy. Real purchasing power also depends on prices, taxes, transfers and the distribution of income.

Participation and population change

An aging population can affect labor supply, saving and demand, but demographic categories do not determine individual economic behavior. Participation, migration, retirement institutions, health and care responsibilities influence the relationship between population and hours worked.

Research distinguishes a demographic projection from a forecast of employment or output. The behavioral assumptions connecting them require separate evidence.

Selected research

Research Report

Investment and the employment content of Indian growth

Indian employment outcomes depend on sector composition, hours, and the transition from investment to operating services. Official labor and industrial records and an original decomposition clarify the difference between output growth, formalization, and additional employment.

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Economy Study

Wages and consumption in Japan's aging economy

Japanese wage growth reaches consumption through hours, deductions, prices, and the distribution of household income. The analysis distinguishes employee earnings from the resources of working and retired households, showing why demographic composition changes the interpretation of aggregate spending.

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Research in this subject

20 publications

Economy Study

Wages and consumption in Japan's aging economy

Japanese wage growth reaches consumption through hours, deductions, prices, and the distribution of household income. The analysis distinguishes employee earnings from the resources of working and retired households, showing why demographic composition changes the interpretation of aggregate spending.

Employment quality and productivity

A job count does not describe hours, contract security, social protection or productive opportunity. Informality and differences in survey coverage matter when comparing economies. Productivity and pay can also diverge across sectors, firms and worker groups.

Reading across the agenda

The growth collection examines labor input in the outlook. Innovation research considers technological adoption and tasks. Monetary research follows the relationship between earnings, demand and inflation within the relevant institutional setting.