Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/317033 
Year of Publication: 
2024
Citation: 
[Journal:] Empirical Economics [ISSN:] 1435-8921 [Volume:] 68 [Issue:] 1 [Publisher:] Springer [Place:] Berlin, Heidelberg [Year:] 2024 [Pages:] 139-163
Publisher: 
Springer, Berlin, Heidelberg
Abstract: 
This article analyses how hiring older workers adjusts to demographic change in the labour force by using information from more than 500,000 firms in Germany. We find robust evidence that firms faced with an ageing labour market hire relatively more older workers. However, the pace of this adjustment is relatively slow, particularly when ageing happens outside the firm. The tendency to employ older people is more considerable in East Germany, where the demographic change moves forward faster. Furthermore, part-time working models support hiring older workers, but this effect becomes less important in larger firms and East Germany. Finally, while partial retirement regulations enhance flexibility within the firm, they, unfortunately, diminish the employment opportunities for older external job seekers.
Subjects: 
Ageing labour force
Hiring of older workers
Panel data models
JEL: 
J11
J23
C33
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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