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Ageing, Health, and ProductivityThe Economics of Increased Life Expectancy$
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Pietro Garibaldi, Joaquim Oliveira Martins, and Jan van Ours

Print publication date: 2010

Print ISBN-13: 9780199587131

Published to Oxford Scholarship Online: January 2011

DOI: 10.1093/acprof:oso/9780199587131.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 13 April 2021

Age and Working Capacity

Age and Working Capacity

(p.179) 10 Age and Working Capacity
Ageing, Health, and Productivity

Pekka Ilmakunnas

Jan van Ours

Vegard Skirbekk

Matthias Weiss

Oxford University Press

This chapter examines how the subjective assessment of work capacity is related to age using the Finnish Quality of Working Life Survey (QWLS) from the year 2003. The results provide clear evidence that employees' own assessment of their working capacity falls with age while there is no corresponding decline in wages by age. However, the fall in working capacity is not dramatic, as the majority of the older age groups still consider their working capacity to be relatively high in a scale from 0 to 10. Age affects working capacity, as least to the extent that the employees themselves think so.

Keywords:   QWLS, assessment, wages, productivity, working capacity

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