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Age and individual productivity: a literature survey Author info | Abstract | Publisher info | Download info | Related research | Statistics Vegard Skirbekk (Max Planck Institute for Demographic Research, Rostock, Germany)
This article surveys supervisors’ ratings, work-sample tests, analyzes of employer-employee datasets and other approaches used to estimate how individual productivity varies by age. The causes of productivity variations over the life cycle are addressed with an emphasis on how cognitive abilities affect labor market performance. Individual job performance is found to decrease from around 50 years of age, which contrasts almost life-long increases in wages. Productivity reductions at older ages are particularly strong for work tasks where problem solving, learning and speed are needed, while in jobs where experience and verbal abilities are important, older individuals’ maintain a relatively high productivity level.
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Paper provided by Max Planck Institute for Demographic Research, Rostock, Germany in its series MPIDR Working Papers with number
WP-2003-028.
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Length: 38 pages
Date of creation: Jul 2003Date of revision:
Handle: RePEc:dem:wpaper:wp-2003-028Contact details of provider: Web page: http://www.demogr.mpg.de/
For technical questions regarding this item, or to correct its listing, contact: (Peter Wilhelm).
Keywords: working-age population ; Find related papers by JEL classification: J1 - Labor and Demographic Economics - - Demographic Economics Z0 - Other Special Topics - - General
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