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dc.contributor.authorGöbel, Christianen_US
dc.contributor.authorZwick, Thomasen_US
dc.date.accessioned2009-05-18en_US
dc.date.accessioned2009-09-01T09:45:27Z-
dc.date.available2009-09-01T09:45:27Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/27702-
dc.description.abstractIn 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.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 09-020en_US
dc.subject.jelJ11en_US
dc.subject.jelJ14en_US
dc.subject.jelJ21en_US
dc.subject.ddc330en_US
dc.subject.keywordageing workforceen_US
dc.subject.keywordageen_US
dc.subject.keywordproductivityen_US
dc.subject.keywordLEEDen_US
dc.subject.keywordsystem GMMen_US
dc.subject.stwÄltere Arbeitskräfteen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwArbeitskräfteen_US
dc.subject.stwSchätzungen_US
dc.subject.stwTheorieen_US
dc.titleAge and productivity: evidence from linked employer employee dataen_US
dc.typeWorking Paperen_US
dc.identifier.ppn599989300en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:09020-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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