dc.contributor.author | ICHINO, Andrea | |
dc.contributor.author | SCHWERDT, Guido | |
dc.contributor.author | WINTER-EBMER, Rudolf | |
dc.contributor.author | ZWEIMUELLER, Josef | |
dc.date.accessioned | 2018-11-28T13:12:33Z | |
dc.date.available | 2018-11-28T13:12:33Z | |
dc.date.issued | 2017 | |
dc.identifier.citation | Journal of the economics of ageing, 2017, Vol. 9, pp. 14-29 | |
dc.identifier.issn | 2212-828X | |
dc.identifier.issn | 2212-8298 | EN |
dc.identifier.uri | https://hdl.handle.net/1814/59589 | |
dc.description | Available online 7 July 2016 | |
dc.description.abstract | We study whether employment prospects of old and young workers differ after a plant closure. Using Austrian administrative data and a combination of exact matching and fixed effects, we show that old and young workers face similarly large displacement costs in terms of employment in the long-run, but old workers lose considerably more initially and gain later. Effects on wages of displaced workers are not age-dependent. We interpret these findings in the light of a standard job search model augmented to allow for an absorbing state capturing the option of "early retirement". (C) 2016 Elsevier B.V. All rights reserved. | |
dc.publisher | Elsevier | en |
dc.relation.ispartof | Journal of the economics of ageing | |
dc.title | Too old to work, too young to retire? | |
dc.type | Article | |
dc.identifier.doi | 10.1016/j.jeoa.2016.07.001 | |
dc.identifier.volume | 9 | |
dc.identifier.startpage | 14 | |
dc.identifier.endpage | 29 | |
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