@TechReport{iza:izadps:dp1650,
            	author={Bognanno, Michael L. and Delgado, Lisa},
            	title={Job Displacement Penalties in Japan},
            	year={2005},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={1650},
            	url={https://www.iza.org/publications/dp1650},
	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.},
	keywords={job displacement cost;Japan},
            }