• Corpus ID: 15161675

Aggregate Evidence on the Link Between Age Structure and Productivity

  title={Aggregate Evidence on the Link Between Age Structure and Productivity},
  author={James D. Feyrer},
This chapter examines the relationship between the age structure of the work force and aggregate productivity. It is well known from the labor literature that there is a robust relationship between years of experience and income. If workers are paid their marginal product then this suggests a relationship between worker productivity and age. In the aggregate, therefore, we should expect changes in the age structure of a population to be correlated with changes in productivity. Feyrer (2007… 

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