Abstract:We examine how a firm’s productivity level, wage level and productivity–wage gap are related to the age composition of its employees. Panel data of Norwegian firms in the following three sectors are used: the manufacturing sector, the WRT (wholesale and retail trade, repair of motor vehicles and motorcycles) sector, and the PST (professional, scientific and technical activities) sector. Three hypotheses are formulated: a firm’s productivity level is negatively affected by its proportion of the oldest workers (… Show more
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