wow-inequalities/02-data/intermediate/wos_sample/9cbbace066a787fdd8530d5330efe5db-vandenberghe-v./info.yaml

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abstract: 'Are employers willing to employ more older individuals, in particular
older women? Higher employment among the older segments of the
population will only materialize if firms are willing to employ them.
Although several economists have started considering the demand side of
the labour market for older individuals, few have considered its gender
dimension properly; despite evidence that lifting the overall senior
employment rate in the EU requires significantly raising that of women
older than 50. In this paper, we posit that labour demand and
employability depend to a large extent on how the age/gender composition
of the workforce affects firm''s profits. Using unique firm-level panel
data we produce robust evidence on the causal effect of age/gender on
productivity (value added per worker), total labour costs and gross
profits. We take advantage of the panel structure of data and resort to
first differences to deal with a potential time-invariant heterogeneity
bias. Moreover, inspired by recent developments in the production
function estimation literature, we also address the risk of simultaneity
bias (endogeneity of firm''s age-gender mix choices in the short run) by
combining first differences with i) the structural approach suggested by
Ackerberg, Caves and Frazer (2006), ii) alongside more traditional
IV-GMM methods (Blundell and Bond, 1998) where lagged values of labour
inputs are used as instruments. Results suggest no negative impact of
rising shares of older men on firm''s gross profits, but a large negative
effect of larger shares of older women. Another interesting result is
that the vast and highly feminized services industry does not seem to
offer working conditions that mitigate older women''s productivity and
employability disadvantage, on the contrary. This is not good news for
older women''s employability and calls for policy interventions in the
Belgian private economy aimed at combating women''s decline of
productivity with age and/or better adapting labour costs to age-gender
productivity profiles. (C) 2012 Elsevier B.V. All rights reserved.'
affiliation: 'Vandenberghe, V (Corresponding Author), Catholic Univ Louvain, ESL,
IRES, Dept Econ, 3 Pl Montesquieu, B-1348 Louvain, Belgium.
Vandenberghe, V., Catholic Univ Louvain, IRES, B-1348 Louvain, Belgium.'
author: Vandenberghe, V.
author-email: vincent.vandenberghe@uclouvain.be
author_list:
- family: Vandenberghe
given: V.
da: '2023-09-28'
doi: 10.1016/j.labeco.2012.07.004
eissn: 1879-1034
files: []
issn: 0927-5371
journal: LABOUR ECONOMICS
keywords: 'Ageing workforce; Gender; Productivity; Profitability; Linked
employer-employee data; Endogeneity and simultaneity bias'
keywords-plus: OLDER MEN; PRODUCTIVITY; PARTICIPATION; RETIREMENT; WAGES
language: English
month: JUN
number: SI
number-of-cited-references: '43'
orcid-numbers: Vandenberghe, V./0000-0002-1645-1127
pages: 30-46
papis_id: 541e4974a9821722a76249688edc1cc0
ref: Vandenberghe2013arefirms
researcherid-numbers: Vandenberghe, V./L-9544-2013
times-cited: '31'
title: Are firms willing to employ a greying and feminizing workforce?
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:000317704400004
usage-count-last-180-days: '0'
usage-count-since-2013: '58'
volume: '22'
web-of-science-categories: Economics
year: '2013'