Szczegóły obiektu: The workforce’s age structure and wages—Do age and the type of occupation matter?

Instytucja dostarczająca:Repozytorium Uniwersytetu Łódzkiego

Opis

Tytuł:
The workforce’s age structure and wages—Do age and the type of occupation matter?
Twórca:
Majchrowska, Aleksandra;
Broniatowska, Paulina
Współtwórca:
Faculty of Economics and Sociology, University of Lodz;
Warsaw School of Economics;
aleksandra.majchrowska@uni.lodz.pl;
pbronia@doktorant.sgh.waw.pl
Opis:
The authors would like to thank Dr Paweł Strawiński from the University of Warsaw as well as participants of the ESPAnet 2018 Conference for their valuable comments and suggestions.;
This study aims to analyse the relationship between a workforce’s age structure and wages. Specifically, we aim to discover whether a relationship exists between the ageing workforce as observed in a majority of European countries and average wages. Economic theory posits that to some extent, the sign of this relationship may depend on the occupational group. We suppose that in those occupational groups that require constant investment in human capital, skills and experience increase with age, and therefore, wages should increase. Consequently, in groups in which formal qualifications are not as important as physical strength, productivity decreases with age, also causing a decrease in wages. We confirm this hypothesis by using the Structure of Earnings Survey, which is collected every four years for European Union (EU) countries. We analyse the mean hourly wages across 9 major occupational groups in 27 EU economies for the period 2002–2014. Our primary variable of interest is the share of employed workers aged 50 years or older (hereafter, ‘50+’) in a given occupational group. We also control for other available variables that may be important in the evolution of wages: the educational level, share of female workers, share of part-time workers, and the level of competition between employers. The results confirm a significant relationship between the share of elderly workers and the average wages. The sign of this relationship is negative; thus, a high share of employed workers aged 50+ results in lower average wages. However, this relationship differed across occupational groups and over time.;
The project is financed by the National Science Centre, Poland, grant No: UMO-2017/25/B/HS4/02916.
Dostępność obiektu:
Dostęp otwarty
Data:
2018.12.12
Typ:
Working Paper
Język:
angielski
Format:
application/pdf
Relacja:
Lodz Economics Working Papers;8
Temat i słowa kluczowe:
Workforce Ageing;
Age Structure;
Wages;
Occupational Groups
Identyfikator: http://hdl.handle.net/11089/26353
Dostawca danych:
Repozytorium Uniwersytetu Łódzkiego

Podobne obiekty

The workforce’s age structure and wages—Do age and the type of occupation matter?

Twórca:Majchrowska, Aleksandra | Broniatowska, Paulina

Data:2018.12.12

Rodzaj zawartości:teksty

Age Structure of Employment and Wages. An Analysis Across Occupational Groups

Twórca:Broniatowska, Paulina | Majchrowska, Aleksandra | Nasiński, Maciej

Data:2020.09.11

Rodzaj zawartości:obrazy

Does minimum wage reduce youth employment on regional labour markets in Poland?

Twórca:Broniatowska, Paulina | Majchrowska, Aleksandra | Żółkiewski, Zbigniew

Data:2015.02.10 | 2015.01

Rodzaj zawartości:teksty

Gender wage gap by occupational groups in Poland

Twórca:Majchrowska, Aleksandra | Strawiński, Paweł | Konopczak, Karolina | Skierska, Agnieszka

Data:2015.03.24 | 2015.03

Rodzaj zawartości:teksty

Spatial Analysis Of Human Capital Structures

Twórca:Gajdos, Artur

Data:2015.04.28 | 2014.12.30

Rodzaj zawartości:pozostałe

Age structure

Twórca:Gliwicz, J.

Data:1983.12.31 | 1983

Rodzaj zawartości:pozostałe

Popielnica – ubranie zmarłego? Stratyfikacja społeczna ludności Wielkopolski w świetle istnienia dwóch odmian urn w okresie wpływów rzymskich

Twórca:Żychliński, Daniel

Data:2016.12.15

Rodzaj zawartości:teksty

Age structure of skulls of the mole, Talpa europaea Linnaeus 1758 from the food of the buzzard (Buteo buteo L.); Skład wiekowy czaszek kreta, Talpa europaea Linnaeus 1758 z pokarmu myszołowa zwyczajnego (Buteo buteo L.)

Twórca:Skoczeń, S.

Data:1962.12.31 | 1962

Rodzaj zawartości:pozostałe

Federacja Bibliotek Cyfrowych

Szczegóły obiektu: The workforce’s age structure and wages—Do age and the type of occupation matter?

Opis

Podobne obiekty