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Wages, Productivity and Aging

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Author Info
Benoit Dostie () (HEC Montréal, CIRANO, CIRPÉE and IZA Bonn)

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Abstract

In this article, we estimate age based wage and productivity differentials using linked employer-employee Canadian data from the Workplace and Employee Survey 1999-2003. Data on the firm side is used to estimate production functions taking into account the age profile of the firm’s workforce. Data on the workers’ side is used to estimate wage equations that also depend on age. Results show concave age-wage and age-productivity profiles. Wage-productivity comparisons show that the productivity of workers aged 55 and more with at least an undergraduate degree is lower than their wages. For other groups, we find that wages do not deviate significantly from productivity estimates.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2496.

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Length: 32 pages
Date of creation: Dec 2006
Date of revision:
Handle: RePEc:iza:izadps:dp2496

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Related research
Keywords: wage determination; productivity; production function; linked employer-employee data;

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Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Fabrizio Castellucci & Mario Padula & Giovanni Pica, 2009. "The age-productivity gradient: evidence from a sample of F1 drivers," Working Papers 2009_16, University of Venice "Ca' Foscari", Department of Economics. [Downloadable!]
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  2. van Ours, Jan C., 2009. "Will You Still Need Me – When I'm 64?," IZA Discussion Papers 4264, Institute for the Study of Labor (IZA). [Downloadable!]
  3. Gielen, A. C., 2007. "Performance Pay, Training and Labor Mobility," Discussion Paper 2007-48, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  4. Benoit Dostie & Pierre Thomas Léger, 2008. "Une analyse des déterminants de l’incidence et de l’intensité de la formation des travailleurs québécois selon l’âge et comparaison avec l’Ontario," CIRANO Working Papers 2008s-23, CIRANO. [Downloadable!]
  5. Montizaan Raymond & Coervers Frank & Grip Andries de, 2007. "Training and early Retirement," Research Memoranda 002, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
  6. Thierry Lallemand & François Rycx, 2008. "Are young and old workers harmful for firm productivity?," Working Papers DULBEA 09-02.RS, Université libre de Bruxelles, Department of Applied Economics (DULBEA). [Downloadable!]
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  7. Uschi Backes-Gellner & Stephan Veen, 2007. "Aging Workforces and Challenges to Human Resource Management in German Firms," Working Papers 0079, University of Zurich, Institute for Strategy and Business Economics (ISU). [Downloadable!]
  8. Katharina Frosch, 2009. "Do only new brooms sweep clean? A review on workforce age and innovation," MPIDR Working Papers WP-2009-005, Max Planck Institute for Demographic Research, Rostock, Germany. [Downloadable!]
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