Working Paper 9119 ESTIMATING A FIRM ' S AGE-PRODUCTIVITY PROFILE USING THE PRESENT VALUE OF WORKERS ' EARNINGS

Working Paper 9119 ESTIMATING A FIRM ' S AGE-PRODUCTIVITY PROFILE USING THE PRESENT VALUE OF WORKERS ' EARNINGS
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工作文件 9119 使用工人收入的现值估算企业的年龄-生产率概况

DOI:
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发表时间:
1992
期刊:
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影响因子:
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通讯作者:
Chris Ruhm
Chris Ruhm
中科院分区:
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文献类型:
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作者:
L. Kotlikoff;Jagadeesh Gokhale;Jinyong Cai;Lawrence Katz;Kevin Lang;Edward Lazear;Chris Ruhm

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在雇用新员工时,风险中性的雇主将每个员工的薪酬的当前预期值等同于其生产力的当前预期值。详细说明当前预期薪酬如何随雇用年龄变化的数据嵌入了有关生产力如何随年龄变化的信息。本文使用财富1000强企业新员工收入的当前预期值数据来推断年龄-生产率曲线。在所考虑的五个职业/性别组中,每一组的生产率福尔斯都随着年龄的增长而下降,青年工人的生产率超过收入,老年工人的生产率超过收入。www.clevelandfed.org/research/workpaper/index.cfm
In hiring new workers, risk-neutral employers equate the present expected value of each worker's compensation to the present expected value of hisher productivity, Data detailing how present expected compensation varies with the age of hire embed, therefore, information about how productivity varies with age. This paper infers age-productivity profiles using data on the present expected value of earnings of new hires of a Fortune 1000 firm. For each of the five occupation/sex groups considered, productivity falls with age, with productivity exceeding earnings for young workers and vice versa for older workers. www.clevelandfed.org/research/workpaper/index.cfm