TY  - RPRT
        AU  - Garnero, Andrea
AU  - Rycx, François
        TI  - The Heterogeneous Effects of Workforce Diversity on Productivity, Wages and Profits
        PY  - 2013/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 7350
        UR  - https://www.iza.org/publications/dp7350
        AB  - We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using detailed Belgian linked employer-employee panel data. Findings, robust to a large set of covariates, specifications and econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The consequences of gender diversity are found to depend on the technological/knowledge environment of firms. While gender diversity generates significant gains in high-tech/ knowledge intensive sectors, the opposite result is obtained in more traditional industries. Overall, findings do not point to sizeable productivity-wage gaps except for age diversity.
        KW  - GMM
KW  - linked panel data
KW  - labour diversity
KW  - productivity
KW  - wages
        ER  -