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
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 1650
- Klassifikation
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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