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Title:Job displacement penalties in Japan PDF Logo
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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