Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/195025 
Year of Publication: 
2018
Citation: 
[Journal:] IZA Journal of Labor Economics [ISSN:] 2193-8997 [Volume:] 7 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2018 [Pages:] 1-30
Publisher: 
Springer, Heidelberg
Abstract: 
This paper studies the effects of firm closures associated with bankruptcies on the employment status and wages of prime-age and older workers using Dutch administrative data for the period 2000-2011. Applying difference-in-differences techniques and non-parametric matching, we find adverse effects on the probability to be in work and on wages earned in the new job, which are larger for older workers than for prime-age workers. Within the older-age group, the effects are stronger for formerly long-tenured workers, for older workers who lost their job in declining sectors in the regional labour market and for workers who changed sectors. In the prime-age group, these differences are less pronounced. Our results suggest that job- and sector-specific factors are important for understanding the more vulnerable position of older workers after job loss.
Subjects: 
Firm closures
Older workers
Unemployment
JEL: 
J14
J63
J65
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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