2013
DOI: 10.1016/j.labeco.2012.09.005
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Ageing, productivity and wages in Austria

Abstract: Current demographic developments in industrialized countries and their consequences for workforce ageing challenge the sustainability of intergenerational transfers and economic growth. A shrinking share of the young workforce will have to support a growing share of elderly, non-working people. Therefore, the productivity of the workforce is central to a sustainable economic future. Using a new matched employer–employee panel dataset for Austrian firms for the period 2002–2005, we study the relationship betwee… Show more

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Cited by 83 publications
(39 citation statements)
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“…It is now standard in the literature on the productivity and wage effects of labour heterogeneity (see e.g. Cardoso et al 2011;Devicienti et al (2017);Garnero et al 2014;Giuliano et al 2017;Göbel and Zwick 2012;Ilmakunnas and Maliranta 2005;Mahlberg et al 2013;Nielen and Schiersch 2014). …”
Section: Methodsmentioning
confidence: 99%
“…It is now standard in the literature on the productivity and wage effects of labour heterogeneity (see e.g. Cardoso et al 2011;Devicienti et al (2017);Garnero et al 2014;Giuliano et al 2017;Göbel and Zwick 2012;Ilmakunnas and Maliranta 2005;Mahlberg et al 2013;Nielen and Schiersch 2014). …”
Section: Methodsmentioning
confidence: 99%
“…Numerous researches have been published as the numbers of information quickly rises, on the relationship between age and numerous magnitudes of studies includes age discrimination [2,4,5,24,[36][37][38], age stereotypes [37,39,40] and age-related psychological factors [38,[41][42][43] as well as the employability of older employees in the organizations [26,[44][45][46][47]. In the USA, Popkin et al [48] reviewed on the impacts of an aging workforce in transportation sector by adopting the sociotechnical systems model.…”
Section: Methodsmentioning
confidence: 99%
“…Empirical evidence is sparse, but available information suggests that these enterprises hire a significant part of their workforce from the graduates of apprenticeship schools and vocational colleges, train them further, and keep them within the enterprise for long-periods (KMU, 2008;Hoeckel, 2010;Bock-Schappelwein et al, 2012). Mahlberg et al, (2011) find a positive link between employee age and productivity, reflecting learning-by-doing, and suggest that previously assumed productivity declines in subsequent years may be less severe due to these experience effects.…”
Section: …Driven By Flexible Medium-sized Enterprises…mentioning
confidence: 56%