Age Structure of the Workforce and Firm Performance

Christian Grund () and Westergård-Nielsen, Niels ()
Additional contact information
Westergård-Nielsen, Niels: Department of Economics, Aarhus School of Business, Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark, http://www.asb.dk/staff/nat/nwn.aspx?page=%7BCB4754A7-C11B-44B8-AB09-0800DA895542%7D
Authors registered in the RePEc Author Service: Niels Westergaard-Nielsen ()

No 05-10, Working Papers from University of Aarhus, Aarhus School of Business, Department of Economics

Abstract: 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 employer-employee data, we find that both mean age and dispersion of age in firms are inversely u-shaped related to firm performance.

Keywords: Firm performance; Corporate age structures; Demographic change (search for similar items in EconPapers)
JEL-codes: J21 L25 M54 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-cbe and nep-lab
Date: 2005-01-01
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Related works:
Working Paper: Age Structure of the Workforce and Firm Performance (2005)
Journal Article: Age structure of the workforce and firm performance (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:hhs:aareco:2005_010

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