Pfeifer, Christian; Wagner, Joachim - 2012 - This version: 15.2.2012
This empirical paper documents the relationship between composition of a firm's workforce (with a special focus on age … level surveys performed by the Statistical Offices. Our microeconometric analysis confirms previous findings of concave age …-productivity profiles, which are consistent with human capital theory, and adds a new finding of a rather negative effect of age on firms …