... that workers aged 55 and over and their younger counterparts are gross substitutes, and the estimated elasticity of substitution is in the range of 2.33–2.86. This implies that a 10% increase in the relative number of workers aged 55 and older leads to a fall in their relative wage in the range of 3.5–4.3...

...Liis Roosaar; Jaan Masso; Urmas Varblane Purpose The purpose of this paper is to clarify whether the age-productivity curve is different for low-waged and high-waged employees. Design/methodology/approach Productivity growth is decomposed at the firm level into contributions by hired...

...Pekka Ilmakunnas; Seija Ilmakunnas Purpose – The purpose of this paper is to analyse the determinants of hiring and exit rates by age at the firm level and firm-level age segregation in hirings and separations in Finland. Design/methodology/approach – The use Finnish linked employer...

...Kéne Henkens; Joop Schippers; Wieteke S. Conen; Hendrik P. van Dalen; Kène Henkens Purpose The purpose of this paper is to examine employers’ perceptions of changes in the labour cost‐productivity gap due to the ageing of the workforce, the effects of tenure wages and employment protection...