The effect of job displacement on the transitions to employment and early retirement for older workers in four European countries
"Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a multivariate competing-risks hazard model is...
| Main Author: | |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Bonn
2007
IZA |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19125871124919430539-The-effect-of-job-displacement.htm |
| _version_ | 1771659897724731393 |
|---|---|
| author | Tatsiramos, Konstantinos |
| author_facet | Tatsiramos, Konstantinos |
| collection | Library items |
| description | "Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a multivariate competing-risks hazard model is estimated in which the effect of job displacement is identified separately for transitions into re-employment and retirement. The findings suggest that in countries with institutional provisions for older unemployed which offer a pathway to early retirement such as, Germany and Spain, older displaced workers exhibit lower re-employment and higher retirement rates compared to the non-displaced. These results are robust to dynamic selection due to unobserved heterogeneity and to the endogeneity of displacement. " |
| format | TEXT |
| geographic | Germany Italy Spain United Kingdom |
| id | 19125871124919430539_1ba8866816464b73b43b036661078cf7 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19125871124919430539_1ba8866816464b73b43b036661078cf7 |
| is_hierarchy_title | The effect of job displacement on the transitions to employment and early retirement for older workers in four European countries |
| language | English |
| physical | 37 p. Digital |
| publishDate | 2007 |
| publisher | Bonn IZA |
| spellingShingle | Tatsiramos, Konstantinos comparison early retirement older worker redundancy statistics unemployment reemployment The effect of job displacement on the transitions to employment and early retirement for older workers in four European countries |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=100482492866 |
| title | The effect of job displacement on the transitions to employment and early retirement for older workers in four European countries |
| topic | comparison early retirement older worker redundancy statistics unemployment reemployment |
| url | https://www.labourline.org/KENTIKA-19125871124919430539-The-effect-of-job-displacement.htm |