The effects of an ageing workforce on firm productivity
: evidence from Portugal

  • Ricardo Pedro Figueiredo (Student)

Student thesis: Master's Thesis


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 Award30 Jul 2021
Original languageEnglish
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorJoana Silva (Supervisor)


  • Ageing
  • Productivity
  • Wages


  • Mestrado em Economia

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