Will You Still Need Me - When I'm 64?

CentER Discussion Paper Series No. 2009-51

27 Pages Posted: 30 Jun 2009

See all articles by Jan C. van Ours

Jan C. van Ours

Tilburg University - Department of Economics; University of Melbourne - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: June 30, 2009

Abstract

For various reasons the relationship between age and productivity is a matter of policy concern. I present new empirical research showing how productivity is affected by age. I study age effects at the individual level by analyzing data on running and publishing in economic journals. Furthermore I present empirical evidence at the firm level on the relationship between age, wage and productivity. In particular I address the potential wage-productivity gap that might occur at higher ages. I conclude that the productivity of older workers indeed decreases with their age. Nevertheless, the decline is limited. Furthermore, I find no evidence of a pay-productivity at higher ages.

Keywords: Age, Productivity, Matched worker-firm data

JEL Classification: J14, J24, J31

Suggested Citation

van Ours, Jan C., Will You Still Need Me - When I'm 64? (June 30, 2009). CentER Discussion Paper Series No. 2009-51. Available at SSRN: https://ssrn.com/abstract=1427718 or http://dx.doi.org/10.2139/ssrn.1427718

Jan C. Van Ours (Contact Author)

Tilburg University - Department of Economics ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands
+31 13 466 2880 (Phone)
+31 13 466 3042 (Fax)

University of Melbourne - Department of Economics ( email )

Melbourne, 3010
Australia

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