TY  - RPRT
        AU  - Grund, Christian
AU  - Westergård-Nielsen, Niels C.
        TI  - Age Structure of the Workforce and Firm Performance
        PY  - 2005/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1816
        UR  - https://www.iza.org/publications/dp1816
        AB  - 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.
        KW  - firm performance
KW  - corporate age structures
KW  - demographic change
        ER  -