Ageing of the Workforce and Wages—Does the Type of Occupation Matter?

Autor:	Aleksandra Majchrowska, Paulina Broniatowska
Rok vydání:	2019
Předmět:	Economics and Econometrics 050208 finance Earnings 05 social sciences Sample (statistics) Investment (macroeconomics) Physical strength Human capital Ageing 0502 economics and business Workforce Economics Demographic economics 050207 economics Productivity health care economics and organizations
Zdroj:	Eastern European Economics. 57:331-348
ISSN:	1557-9298 0012-8775
DOI:	10.1080/00128775.2019.1620615
Popis:	We analyze the relationship between ageing of the workforce and average wages. We use data from the Structure of Earnings Survey and analyze hourly wages across nine major occupational groups in 27 EU economies in 2002–2014. We confirm a significant relationship between the share of workers aged 50 years and older and wages. In the whole sample the sign of this relationship is negative, however, it differs across occupational groups and over time. In groups with constant investment in human capital wages increase with age. In groups in which physical strength is more important, productivity and wages decrease with age.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::3a41434edb3f9eedf91f8fb5813839f0 https://doi.org/10.1080/00128775.2019.1620615 Zobrazit plný text záznamu