TY  - RPRT
        AU  - Bognanno, Michael L.
AU  - Delgado, Lisa
        TI  - Job Displacement Penalties in Japan
        PY  - 2005/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1650
        UR  - https://www.iza.org/publications/dp1650
        AB  - 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.
        KW  - job displacement cost
KW  - Japan
        ER  -