|
EconStor >
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim >
ZEW Discussion Papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/27702
|
| | |
| Title: | | Age and productivity: evidence from linked employer employee data  |
| Authors: | | Göbel, Christian Zwick, Thomas |
| Issue Date: | | 2009 |
| Series/Report no.: | | ZEW Discussion Papers 09-020 |
| Abstract: | | In most Western, industrialised countries the workforce is ageing rapidly. In order to assess the possible consequences of an ageing workforce, this paper measures the impact of changes in the age structure of establishments on productivity using representative linked employer-employee panel data. We take into account that the levels as well as the changes in the age structure of establishments and their production are likely to be simultaneously determined and apply dynamic GMM methods. We find that establishment productivity increases with the share of employees until the age of 50-55 and only decreases slightly afterwards. Our findings suggest that previous estimations are biased because they either do not take into account endogeneity, time dependencies, or crucial information correlated with age shares and productivity. Large standard deviations point to important variation in the age productivity profile among establishments. |
| Subjects: | | ageing workforce age productivity LEED system GMM |
| JEL: | | J11 J14 J21 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/27702
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|