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C Pfeifer, J Wagner - Contemporary Economics, 2014 - papers.ssrn.com

Age and gender effects of workforce composition on productivity and profits: Evidence from a new type of data for German enterprises.

Stem workforce diversity

Pfeifer, Wagner

GSID: 6-Tprvd404UJ

Excerpt

This empirical paper documents the relationship between the composition of a firm's workforce (with a special focus on age and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from manufacturing industries in Germany using newly available, unique data. We find concave age-productivity profiles and a negative correlation of age on firms' profitability. Moreover, our micro-econometric analysis reveals for the first time that the ceteris paribus lower level of productivity in firms with a …

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