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dc.contributor.authorGöbel, Christianen
dc.contributor.authorZwick, Thomasen
dc.date.accessioned2009-05-18-
dc.date.accessioned2009-09-01T09:45:27Z-
dc.date.available2009-09-01T09:45:27Z-
dc.date.issued2009-
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
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x09-020en
dc.subject.jelJ11en
dc.subject.jelJ14en
dc.subject.jelJ21en
dc.subject.ddc330en
dc.subject.keywordageing workforceen
dc.subject.keywordageen
dc.subject.keywordproductivityen
dc.subject.keywordLEEDen
dc.subject.keywordsystem GMMen
dc.subject.stwÄltere Arbeitskräfteen
dc.subject.stwProduktivitäten
dc.subject.stwUnternehmensentwicklungen
dc.subject.stwArbeitskräfteen
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.titleAge and productivity: evidence from linked employer employee data-
dc.type|aWorking Paperen
dc.identifier.ppn599989300en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:09020en

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