How much is experience worth?
The Bureau of Labor Statistics last conducted research on the impact experience has on productivity 40 years ago. The results of the study are described in the paper "Productivity, age, and labor composition changes in the U.S" cited below. We used these other sources for our research:
Age and Productivity
Nathan Keyfitz, Journal of Policy Analysis and Management
Are Older Workers Worthy of Their Pay?
Cardoso, Guimarães & Varejão, De Economist
Does top managers’ experience affect firms’ capital structure?
Matemilola, Bany-Ariffin, Azman-Saini, Nassir, Research in International Business and Finance
Does Work Experience Increase Productivity?
Maranto & Rodgers, The Journal of Human Resources
Experience, Innovation, and Productivity
Francesco Daveri and Maria Laura Parisi, ILR Review
The Experience-Earnings Profile: Productivity-Augmenting or Purely Contractual? Evidence from the UK
Moore, Newman & Turnbull, Journal of Labor Research
Learning from Productivity Learning Curves
Robert Blancett, Research-Technology Management
Pay Increases & Productivity: The British Experience
Peter Ingram, Scottish Journal of Political Economy
Productivity, age, and labor composition changes in the U.S.
Ablonskli, Rosenblum & Kunze, Monthly Labor Review
Productivity and age: Evidence from work teams at the assembly line
Axel Börsch-Supan and Matthias Weiss, The Journal of the Economics of Ageing
The Value of CEO Mobility
Bragaw & Misangyi, Human Resource Management