Arbeitspapier

Does the welfare state make older workers unemployable?

This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are likely to harm these workers more than the average worker, the converse is true for employment protection, provided it is uniform across workers and not specifically higher for older workers. It provides some evidence on the impact of labor market institutions on older workers by comparing their outcome in the United States and France. It discusses how the welfare state can be reformed in order to improve outcomes for older workers.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 4440

Classification
Wirtschaft
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
Retirement; Retirement Policies
Wage Level and Structure; Wage Differentials
Subject
Older workers
labor market institutions
employment
employment protection
welfare state
pensions
retirement
Ältere Arbeitskräfte
Beschäftigungsfähigkeit
Arbeitsmarktflexibilisierung
Arbeitslosenversicherung
Kündigungsschutz
Altersgrenze
Gesetzliche Rentenversicherung
Vergleich
USA
Frankreich

Event
Geistige Schöpfung
(who)
Saint-Paul, Gilles
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2009

Handle
URN
urn:nbn:de:101:1-200910141191
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Saint-Paul, Gilles
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2009

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