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Age Structure of the Workforce and Firm Performance

Christian Grund () and Niels Westergård-Nielsen ()
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Niels Westergård-Nielsen: CCP, Aarhus School of Business and IZA Bonn

Authors registered in the RePEc Author Service: Niels Westergaard-Nielsen ()

No 1816, IZA Discussion Papers from Institute for the Study of Labor (IZA)

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.

Keywords: firm performance; corporate age structures; demographic change (search for similar items in EconPapers)
JEL-codes: M54 J21 L25 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-ent, nep-lab and nep-ltv
Date: Written
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Related works:
Working Paper: Age Structure of the Workforce and Firm Performance (2005) Downloads
Journal Article: Age structure of the workforce and firm performance (2008) Downloads
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