Age Structure of the Workforce and Firm Performance

نویسندگان

  • Christian Grund
  • Niels Westergård-Nielsen
  • IZA Bonn
چکیده

Age Structure of the Workforce and Firm Performance In this contribution, we examine the interrelation between corporate age structures and firm performance. In particular, we address the issues, whether firms with young rather than older employees are successful and whether firms with homogeneous or heterogeneous workforces are doing well. Several theoretical approaches are discussed with respect to these questions and divergent hypotheses are derived. Using Danish linked employeremployee data, we find that both mean age and dispersion of age in firms are inversely ushaped related to firm performance. JEL Classification: M54, J21, L25

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تاریخ انتشار 2005