Age Structure of the Workforce and Firm Performance
Christian Grund () and
Niels Westergård-Nielsen ()
Additional contact information Niels Westergård-Nielsen: CCP, Aarhus School of Business and IZA Bonn
Authors registered in the RePEc Author Service: Niels Westergaard-Nielsen ()
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 employeremployee data, we find that both mean age and dispersion of age in firms are inversely ushaped related to firm performance.