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Generational Differences in the Labour Market – Three Confounded Effects

Author

Listed:
  • Wilczyńska Kinga

    (Faculty of Management, University of Warsaw, Poland)

  • Wieczorkowska Grażyna

    (Faculty of Management, University of Warsaw, Poland)

Abstract

Objective: Many research claim that Millennials value work ethic much lower and leisure time much higher than older generations. Most of them are based on cross-sectional analyses of data collected at one time. This design confounds the COHORT effect (born in the same time period and thus exposed to the same cultural forces during their formative socialization period) and biological AGE, and it makes it impossible to separate them. Our goal is to demonstrate how to empirically separate the confounded effects of APC (biological AGE – PERIOD of measurement – COHORT) in a simple way.

Suggested Citation

  • Wilczyńska Kinga & Wieczorkowska Grażyna, 2022. "Generational Differences in the Labour Market – Three Confounded Effects," Journal of Intercultural Management, Sciendo, vol. 14(1), pages 54-86, March.
    • Handle: RePEc:vrs:joinma:v:14:y:2022:i:1:p:54-86:n:3
    DOI: 10.2478/joim-2022-0002
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    References listed on IDEAS

    as
    1. Rudolph, Cort W., 2015. "A Note on the Folly of Cross-Sectional Operationalizations of Generations," Industrial and Organizational Psychology, Cambridge University Press, vol. 8(3), pages 362-366, September.
    2. Silvia A. Nelson, 2012. "Affective commitment of generational cohorts of Brazilian nurses," International Journal of Manpower, Emerald Group Publishing Limited, vol. 33(7), pages 804-821, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    World Value Survey; generational differences; confounded effects of age; period and cohort; multigenerational management; generational studies;
    All these keywords.

    JEL classification:

    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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