Arbeitspapier

Why Has Science Become an Old Man's Game?

We investigate the causes and consequences of the aging of the scientific workforce. Using novel data on the population of US chemistry faculty members over fifty years, we find that the secular increase in the age of the academic workforce has been mainly driven by the slowdown in faculty hiring combined with later retirements. By contrast, changes in the age at which scientists start their careers only contribute to about 20% of aging. Hiring more new faculty members could rejuvenate the scientific workforce and boost scientific productivity.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 16365

Classification
Wirtschaft
Innovation and Invention: Processes and Incentives
Human Capital; Skills; Occupational Choice; Labor Productivity
Retirement; Retirement Policies
Subject
aging
science
universities
knowledge production

Event
Geistige Schöpfung
(who)
Fons-Rosen, Christian
Gaule, Patrick
Hrendash, Taras
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2023

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Fons-Rosen, Christian
  • Gaule, Patrick
  • Hrendash, Taras
  • Institute of Labor Economics (IZA)

Time of origin

  • 2023

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