Skip Ribbon Commands
Skip to main content

JOBS AND DEVELOPMENT BLOG

Read. Comment. Debate.

Jobs and Development Blog - The Jobs Knowledge Platform > Posts > Tapping Aging Brains for the Common Good
Tapping Aging Brains for the Common Good
June 05, 2014 | Contribution by ROBERT WILLIS

Robert Willis is a Professor of Economics at the University of Michigan and Research Professor at the Population Studies Center

Rapid population aging in many parts of the world means that policy makers and business communities will need to create conditions that enable aging workers to maximize productivity and adapt to changing technologies. We recently spoke with Robert Willis — Professor of Economics at the University of Michigan and Research Professor at the Population Studies Center — who has been conducting path-breaking research on the relationship between declining cognitive ability and work and retirement decisions. He says that new data from the U.S. Health and Retirement Study shows that a decline in cognitive abilities has a very modest effect on people's ability to work at older ages, unlike education levels, which have a major effect. Does this pattern hold in rapidly aging Asian societies like China and Korea, where older workers are much less educated and social interaction with the more educated younger generation may play a key role in maintaining cognitive function at older ages? Studies under way, like CHARLS (China Health and Retirement Longitudinal Study) and the Chinese Family Panel Study, will allow us to answer this type of question.

Exercise Plays Vital Role Maintaining Brain Health
Exercise plays a vital role in maintaining brain health.
Photo credit: Flickr @A Health Blog


Willis also points out that that a big question for the future and for workers in developing countries is whether technological changes substitute for the tasks that people are doing (which would encourage retirement) or enhance their productivity (like a waiter using an iPad) (see his recent study on computerization and labor demands). Another recent paper by Willis, "Mental Retirement" illustrates that in the United States and European countries with pension schemes that reduce work incentives, there is a faster drop in labor force participation after age 60 and a significantly larger decline in people's cognitive function based on simple memory tests.

<iframe src="https://cdns.snacktools.net/tubesnack/embed_https.html?hash=t19eose8&wmode=window&bgcolor=FFFFFF&t=1401989971" width="500" height="565" seamless="seamless" scrolling="no" frameborder="0" allowtransparency="true"></iframe>
 

(For more on the topic, see "Conference on Challenges of Population Aging in Asia" held this past April by the HKUST Institute for Emerging Market Studies.)

Comments

Anna Shetty says
I am grateful to have opened this discussion. This question is quite interesting to me. Finally the answer was found 192.168.0.1
 on  11/11/2018 11:43:42 PM  
Sophia Johnson says
I really enjoyed reading your article. I found this as an informative and interesting post, so I think it is very useful and knowledgeable online video downloader
 on  10/11/2018 10:29:40 AM  
alex sharma says
This article was exceptionally compelling and supportive to us. free gift codes generator a debt of gratitude is in order for sharing this stunning article. free gift codes generator
 on  6/7/2018 12:09:28 PM  

Add Comment

Name *


Email *

Body *

 
 

 CATEGORIES

 
 

 AUTHORS

 
  
expand Author : Abdullah Al-Dailami ‎(1)
expand Author : Adriana Kugler ‎(2)
expand Author : Alice Githu ‎(1)
expand Author : Amadeus Kamagenge ‎(1)
expand Author : Amelie Constant ‎(1)
expand Author : Amina Semlalia ‎(1)
expand Author : Anil Swarup ‎(1)
expand Author : Arup Banerji, Asli Demirguc-Kunt, and Jaime Saavedra Chanduvi ‎(1)
expand Author : Arup Banerji, David A. Robalino ‎(1)
expand Author : Baptiste Cammareri ‎(1)
expand Author : Branka Minic ‎(1)
expand Author : Brij Kothari  ‎(1)
expand Author : Cai Fang ‎(1)
expand Author : Carmen PagÉs ‎(1)
expand Author : Charles Sabel ‎(2)
expand Author : Claudia Baddini ‎(1)
expand Author : Claudia Sepulveda ‎(7)
expand Author : Constantino Gonzalez ‎(1)
expand Author : Dala T. Korkoyah, Jr. ‎(1)
expand Author : Daniel Hamermesh ‎(1)
expand Author : David A. Robalino ‎(14)
expand Author : David A. Robalino and Mattias Lundberg ‎(1)
expand Author : David Grubb and Jochen Kluve ‎(1)
expand Author : Dennis Szeszko ‎(1)
expand Author : Dickson Malunda  ‎(1)
expand Author : Edgard Rodriguez ‎(1)
expand Author : Fernando Fabre ‎(1)
expand Author : Francois Bourguignon ‎(2)
expand Author : Gabriela Inchauste ‎(1)
expand Author : Gerardo Esquivel ‎(2)
1 - 30Next
 

 Archives

 
  
expand MonthYear : 10/1/2014 ‎(1)
expand MonthYear : 9/1/2014 ‎(1)
expand MonthYear : 7/1/2014 ‎(5)
expand MonthYear : 6/1/2014 ‎(4)
expand MonthYear : 5/1/2014 ‎(6)
1 - 5Next
 

  Tag Cloud

 
 

 WORLD BANK ON JOBS

 
Retrieving Data
 

 Recent Blog Posts

 
  
The JKP Blog Has Moved
Remittances from Qatar:&nbsp; Less-informed Families Receive Less
Jobs and the “Great Recession” – Part 2
Jobs and the “Great Recession” – Part 1
Juggling Labor, Credit, and Crops in Zambia