| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w26597
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| 来源ID | Working Paper 26597
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| Demand for Older Workers: What Do Economists Think? What Are Firms Doing? |
| Steven G. Allen
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| 发表日期 | 2019-12-30
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| 出版年 | 2019
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| 语种 | 英语
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| 摘要 | The employment rate for workers 55 and over has been increasing across the world for the last decade. This creates opportunities for employers to diversify their workforce and retain valuable knowledge and skills, while at the same time posing the challenge of rising labor costs and blocked opportunities for younger workers. This study summarizes in layperson’s terms the economic tradeoffs facing organizations as they design the optimal age structure of employees, as well as surveying recent research on how older workers fit into organizations. Empirical studies show that whereas wage and benefit costs increase with age, there is no conclusive evidence that productivity increases as well. Studies using macroeconomic data find no evidence that older workers block opportunities for the young, but two recent papers using a more disaggregated approach show that firms treat older and younger workers as substitutes. A key challenge facing older workers is the decline over the last 20 years in the odds of becoming a new hire. Although the turnover rate for older workers is much lower than for other age groups, employers have concerns about accommodating their work environment and work schedule preferences. Resume studies show age discrimination also plays a factor, especially for women. The paper concludes with suggestions for future research, including interindustry and international comparisons of microeconomic data on employment by age group and studies that take a close look within organizations that have engaged in innovative activities to hire or retain more older workers. |
| 主题 | Labor Economics
; Demography and Aging
; Labor Discrimination
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| URL | https://www.nber.org/papers/w26597
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584271
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推荐引用方式
GB/T 7714 |
Steven G. Allen. Demand for Older Workers: What Do Economists Think? What Are Firms Doing?. 2019.
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文件名：
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w26597.pdf
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格式：
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Adobe PDF
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