Are older workers worthy of their pay? An empirical investigation of age-productivity and age-wage Nexuses

Economist

Volumn 159, Issue 2, 2011, Pages 95-111

  Cardoso, Ana Rute ^a   Guimarães, Paulo ^b,c   Varejao J ^b  

^a Barcelona)   (Spain)

^b UNIVERSITY OF PORTO   (Portugal)

^c UNIVERSITY OF SOUTH CAROLINA   (United States)

Author keywords

Aging; Productivity; Wages

Indexed keywords

AGING POPULATION; EMPIRICAL ANALYSIS; EMPLOYMENT; LABOR PRODUCTIVITY; WAGE;

EID: 79958251381     PISSN: 0013063X     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10645-011-9163-8     Document Type: Article

References (24)

1. Avolio B. J., Waldman D. A. (1994) Variations in cognitive, perceptual, and psychomotor abilities across the working life span: Examining the effects of race, sex, experience, education, and occupational type. Psychology and Aging 9: 430-442.
2. Aubert P., Crépon B. (2003) La productivité des salariés âgés: Une tentative d' estimation. Économie et Statistique 368: 95-119.
3. Bartel A. P., Sicherman N. (1993) Technological change and the retirement decisions of older workers. Journal of Labor Economics 11(1): 162-183.
4. Dostie, B. (2011). Wages, productivity and aging. De Economist, 159. doi: 10. 1007/s10645-011-9166-5.
5. Diamond A. (1986) The life-cycle research productivity of mathematicians and scientists. Journal of Gerontology 41: 520-525.
6. European Commission: (2007) Employment in Europe 2007. Office for Official Publications of the European Communities, Luxembourg.
7. Fair R. C. (1994) How fast do old men slow down?. Review of Economics and Statistics 76(1): 103-118.
8. Foster L., Haltiwanger J., Krizan C. J. (2001) Aggregate productivity growth. Lessons from microeconomic evidence. In: Hulten C. R., Dean E. R., Harper M. J. (eds) New developments in productivity analysis. University of Chicago Press, Chicago, pp 303-372.
9. Galenson D. W., Weinberg B. A. (2000) Age and the quality of work: The case of modern American painters. Journal of Political Economy 108(4): 761-777.
10. Göbel, C., & Zwick, T. (2009). Age and productivity-evidence from linked employer employee data. ZEW discussion paper 09-020. Mannheim: Centre for European Economic Research (ZEW).
11. Hægeland T., Klette T. J. (1999) Do higher wages reflect higher productivity? Education, gender and experience premiums in a matched plant-worker data set. In: Haltiwanger J. C., Lane J. I., Spletzer J. R., Theeuwes J. J. M., Troske K. R. (eds) The creation and analysis of employer-employee matched data. North-Holland, Amsterdam, pp 231-259.
12. Haltiwanger J., Lane J., Spletzer J. (1999) Productivity differences across employers: The roles of employer size, age, and human capital. American Economic Review 89: 94-98.
13. Hellerstein J. K., Neumark D. (1995) Are earnings profiles steeper than productivity profiles? Evidence from Israeli firm-level data. Journal of Human Resources 30(1): 89-112.
14. Hellerstein J., Neumark D., Troske K. (1999) Wages, productivity, and worker characteristics: Evidence from plant-level production functions and wage equations. Journal of Labor Economics 17(3): 409-446.
15. Lallemand T., Rycx F. (2009) Are young and old workers harmful for firm productivity?. De Economist 157(3): 273-292.
16. Lazear E. P. (1979) Why is there mandatory retirement?. Journal of Political Economy 87(6): 1261-1284.
17. Machado, C. (2010). Population aging and the labour market. PhD Dissertation, Universidade do Minho.
18. McDowell J. (1982) Obsolescence of knowledge and career publication profiles. American Economic Review 72: 752-768.
19. Medoff J. L., Abraham K. G. (1980) Experience, performance, and earnings. Quarterly Journal of Economics 95(4): 703-736.
20. Oster S. M., Hamermesh D. S. (1998) Aging and productivity among economists. Review of Economics and Statistics 80(1): 154-156.
21. Portugal, Ministério do Trabalho e da Segurança Social (1986 to 2008). Quadros de Pessoal. Data in magnetic media. Lisbon: MTSS.
22. Skirbekk, V. (2004). Age and individual productivity: A literature survey. Vienna, Austria: Vienna Yearbook of Population Research, Verlag der Osterreichischen Akademie der Wissenschaften.
23. 0 trimestre. Instituto Nacional de Estatística, Lisboa.
24. van Ours, J. C., & Stoeldraijer, L. (2011). Age, wage and productivity in Dutch manufacturing. De Economist, 159. doi: 10. 1007/s10645-011-9159-4.