Are Young and Old Workers Harmful for Firm Productivity?
Université Libre de Bruxelles (ULB) - Department of Applied Economics (DULBEA)
Université Libre de Bruxelles (ULB) - Department of Applied Economics (DULBEA); Institute for the Study of Labor (IZA)
IZA Discussion Paper No. 3938
This paper investigates the effects of the workforce age structure on the productivity of large Belgian firms. More precisely, it examines different scenarios of changes in the proportion of young (16-29 years), middle-aged (30-49 years) and old (more than 49 years) workers and their expected effects on firm productivity. Using detailed matched employer-employee data, we find that a higher share of young (old) workers within firms is favourable (harmful) for firm value added per capita. Results also show that age structure effects on productivity are stronger in ICT than in non-ICT firms.
Number of Pages in PDF File: 34
Keywords: firm performance, workforce age structure, demographic changes
JEL Classification: J21, J31, L25working papers series
Date posted: January 19, 2009
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