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Wages, Productivity and Aging

Benoit Dostie

No 2496, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: In this article, we estimate age based wage and productivity differentials using linked employer-employee Canadian data from the Workplace and Employee Survey 1999-2003. Data on the firm side is used to estimate production functions taking into account the age profile of the firm’s workforce. Data on the workers’ side is used to estimate wage equations that also depend on age. Results show concave age-wage and age-productivity profiles. Wage-productivity comparisons show that the productivity of workers aged 55 and more with at least an undergraduate degree is lower than their wages. For other groups, we find that wages do not deviate significantly from productivity estimates.

Keywords: productivity; wage determination; linked employer-employee data; production function (search for similar items in EconPapers)
JEL-codes: J31 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2006-12
New Economics Papers: this item is included in nep-eff and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (46)

Published - published in: De Economist, 2011, 159 (2), 139 - 158

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Journal Article: Wages, Productivity and Aging (2011) Downloads
Working Paper: Wages, Productivity and Aging (2007) Downloads
Working Paper: Wages, Productivity and Aging (2006) Downloads
Working Paper: Wages, Productivity and Aging (2006) Downloads
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