Age and productivity in work teams

Day 1, March 22, 2007

Session II - Institutional design of the pension system

15.30 - 16.30 Lecture II.2 Matthias Weiss (University of Mannheim)

We explore a unique data set that combines data on errors occuring in the manufacturing process of a large car manufacturer with detailed information on the personal characteristics of workers responsible for the errors. We are able to test the prevalent hypothesis regarding the effect of teams’ age structure on their performance: Good performance requires a mix of young (fit, flexible) and old (experienced) workers. We find strong evidence against this hypothesis.

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