%0 Report
        %A Bognanno, Michael L.
%A Delgado, Lisa
        %T Job Displacement Penalties in Japan
        %D 2005
        %8 2005 Jul
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 1650
        %U https://www.iza.org/publications/dp1650
        %X 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.
        %K job displacement cost
%K Japan