Age Structure of the Workforce and Firm Performance

By Christian Karl Grund, Niels Westergaard-Nielsen. Social Science Research Network, 2008

172 citations recorded by the source corpus.

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.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/ee4fbbd598b0bfee6fb77863e0f0611667e69a49

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