Age Structure of the Workforce and Firm Performance

Christian Grund and Niels Westergård-Nielsen ()

No 1816, IZA Discussion Papers from Institute of Labor Economics (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 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)
Pages: 20 pages
Date: 2005-10
New Economics Papers: this item is included in nep-bec, nep-ent, nep-lab and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Published - revised version published in: International Journal of Manpower, 2008, 29(5), 410-422

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Related works:
Journal Article: Age structure of the workforce and firm performance (2008)
Working Paper: Age Structure of the Workforce and Firm Performance (2005)
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