Ageing workforce and firm growth in the context of “extreme” employment growth events
Antje Schimke
Structural Change and Economic Dynamics, 2014, vol. 30, issue C, 86-100
Abstract:
In recent years demographic aging and its consequences have been recognised and discussed on macroeconomic levels, such as health care system, infrastructure, housing and labour market. However, the consequences are not only present on the macroeconomic level but also affect microeconomic issues such as a firm's growth and workforce. This exploratory study realises a microeconomic issue and investigates the linkage between aging workers and employment growth. More precisely, it aims to analyse the potential effect that age composition of a firm's workforce may have on a firm's employment growth. The study applies a linked employer–employee dataset of 2100 German firms, covering the time period from 2001 to 2006. We used quantile regression techniques to address the aging effect in the context of “extreme” employment growth events. The empirical investigation shows that, on average, employment growth slows down as the average age of the workforce increases.
Keywords: Workers aging; Workforce; “Extreme” employment growth events; Demographic trends; Age management (search for similar items in EconPapers)
JEL-codes: J11 J21 L22 O40 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0954349X14000058
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:30:y:2014:i:c:p:86-100
DOI: 10.1016/j.strueco.2014.01.004
Access Statistics for this article
Structural Change and Economic Dynamics is currently edited by F. Duchin, H. Hagemann, M. Landesmann, R. Scazzieri, A. Steenge and B. Verspagen
More articles in Structural Change and Economic Dynamics from Elsevier
Bibliographic data for series maintained by Catherine Liu (repec@elsevier.com).