Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/33359
Authors: 
Bognanno, Michael
Delgado, Lisa
Year of Publication: 
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

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