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IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
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http://hdl.handle.net/10419/33359
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| Title: | | Job displacement penalties in Japan  |
| Authors: | | Bognanno, Michael Delgado, Lisa |
| Issue Date: | | 2005 |
| Series/Report no.: | | IZA Discussion Papers 1650 |
| Abstract: | | 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. |
| Subjects: | | job displacement cost Japan |
| JEL: | | J31 J41 J63 J65 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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