Arbeitspapier

Job displacement penalties in Japan

The costs of job displacement are examined on a sample of Japanese workers successfully provided job placement services from 2000 to 2003, a period of economic stagnation and structural change in Japan. We find that displaced workers suffer a loss of approximately $1,100 for each additional year of age. Workers also incur a large penalty when they change industries after being displaced. The age-earnings loss relationship is consistent with the operation of a delayed compensation scheme in large firms.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 1650

Klassifikation
Wirtschaft
Wage Level and Structure; Wage Differentials
Labor Contracts
Labor Turnover; Vacancies; Layoffs
Unemployment Insurance; Severance Pay; Plant Closings
Thema
job displacement cost
Japan

Ereignis
Geistige Schöpfung
(wer)
Bognanno, Michael
Delgado, Lisa
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Bognanno, Michael
  • Delgado, Lisa
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2005

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