Arbeitspapier

Do Firms Hire More Older Workers? Evidence from Germany

This paper analyses how demographic changes of the labour force affect labour demand. Do firms adjust their hiring behaviour to an ageing society? Combining data at the firm level and the administrative district level, we analyse the hiring behaviour of firms. Our findings suggest that firms with an ageing workforce hire relatively more older workers. Since the willingness to hire older workers also increases with the share of older unemployed, the propensity to employ older people does generally rise with an ageing labour force. Also, part-time employment induces firms to engage more older workers but this effect disappears for large firms. In contrast, partial retirement regulations have a negative effect on hiring older workers which reveals unintended incentives of the German law on this matter. Finally, firms with a higher share of educated personnel demand more older workers.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 9219

Klassifikation
Wirtschaft
Demographic Trends, Macroeconomic Effects, and Forecasts
Labor Demand
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Thema
ageing labour force
hiring of older workers
panel data models

Ereignis
Geistige Schöpfung
(wer)
Busch, Fabian
Fenge, Robert
Ochsen, Carsten
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Busch, Fabian
  • Fenge, Robert
  • Ochsen, Carsten
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2021

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