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Title: Age Discrimination and Labor Market Problems of Displaced Older Male Workers
Resulting in 1 citation.
1. Shapiro, David
Sandell, Steven H.
Age Discrimination and Labor Market Problems of Displaced Older Male Workers
Presented: Washington, DC, National Commission for Employment Policy Conference on Employment Policy and Older Americans, 1983
Cohort(s): Older Men
Publisher: National Commission for Employment Policy
Keyword(s): Age and Ageing; Discrimination, Age; Displaced Workers; Layoffs; Mobility, Job; Retirement; Unemployment; Wages

Using data from the first twelve years of the NLS of Older Men (aged 45- 59 in l966), this paper focuses on the postdisplacement wages of older male workers who involuntarily lose their jobs. The wage change associated with displacement and subsequent employment is examined, after adjusting for the possibility of sample selection bias arising from early retirement on the part of some displaced workers. Preliminary findings indicate that: (1) Based on the pattern of earnings of displaced workers prior to job loss, there is no net relationship between age and wage changes among those under age 65. Workers over age 65 suffer wage penalties compared to other re- employed displaced workers. (2) Loss of firm-specific human capital accounts for a major portion of the observed average wage loss of 4 percent. Workers who change occupations and/or shift to part- time work following displacement experience significantly greater wage losses. (3) Workers who lost their jobs during the good economic times of the late l960s were able to maintain their average wage in subsequent employment, while those displaced during the l970s--a period of higher unemployment-- experienced an average wage loss of 6 percent.
Bibliography Citation
Shapiro, David and Steven H. Sandell. "Age Discrimination and Labor Market Problems of Displaced Older Male Workers." Presented: Washington, DC, National Commission for Employment Policy Conference on Employment Policy and Older Americans, 1983.