This thesis examines the relationship between the age structure of the workforce, labor productivity and wages at the firm level, using a longitudinal employer employee dataset from Portugal for the period 2004-2018. It finds that labor productivity increases until the age of 55-59, whereas wages are ever increasing with age. This result is mainly driven by firms with a more skilled labor force, as less skill intensive firms show no significant increase in productivity from the age of 35-39. The relationship between age and productivity is positive among firms in technology intensive sectors, while it is mildly increasing from ages 3539to 50-54 and falls among older individuals. Overall, these results suggest that the adoption of technology in Portugal may be increasing older workers´ productivity rather than rendering them obsolete.
|Date of Award||30 Jul 2021|
- Universidade Católica Portuguesa
|Supervisor||Joana Silva (Supervisor)|