Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/33355
Authors: 
Grund, Christian
Westergård-Nielsen, Niels Christian
Year of Publication: 
2005
Series/Report no.: 
IZA Discussion Papers 1816
Abstract: 
In this contribution, we examine the interrelation between corporate age structures and firm performance. In particular, we address the issues, whether firms with young rather than older employees are successful and whether firms with homogeneous or heterogeneous workforces are doing well. Several theoretical approaches are discussed with respect to these questions and divergent hypotheses are derived. Using Danish linked employer-employee data, we find that both mean age and dispersion of age in firms are inversely u-shaped related to firm performance.
Subjects: 
firm performance
corporate age structures
demographic change
JEL: 
M54
J21
L25
Document Type: 
Working Paper

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