|
|
|
|
||||
|
||||
Ageing, Productivity and Wages in Austria: Evidence from a Matched Employer-Employee Data Set at the Sector LevelBernhard MahlbergInstitute for Industrial Research (IWI); Vienna University of Economics and Busines- Institute for Export Management Inga FreundAustrian Academy of Sciences - Vienna Institute of Demography Alexia PrskawetzAustrian Academy of Sciences - Vienna Institute of Demography April 15, 2011 ECON Working Paper No. 02/2011 Abstract: In this paper we analyze the link between the age structure of the labor force and average labor productivity at the intermediate level of economic sectors. The analysis is based on a panel data set ranging over six years (2002-2007) and covers the sectors of mining, manufacturing and market oriented services in the Austrian economy. Our results exhibit a positive correlation of the share of older employees and productivity, while we cannot find any evidence for a significant relationship of the share of younger employees and productivity. Moreover, the estimated age-wage pattern does not hint at an over-payment of older employees.
Number of Pages in PDF File: 26 Keywords: ageing workforce, production function, age-productivity profile, age-wage pattern JEL Classification: J14, J24, J82 working papers seriesDate posted: February 6, 2012Suggested CitationContact Information
|
|
||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo6 in 0.500 seconds
