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Title: Effects of Economic Conditions on the Labor Market Status and Experience of Displaced Older Male Workers
Resulting in 1 citation.
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Shapiro, David Sandell, Steven H. |
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Effects of Economic Conditions on the Labor Market Status and Experience of Displaced Older Male Workers Presented: New York, NY, Eastern Economic Association Meetings, 1984 Cohort(s): Older Men Publisher: Eastern Economic Association Keyword(s): Age and Ageing; Business Cycles; Displaced Workers; Labor Force Participation; Retirement/Retirement Planning; Unemployment Permission to reprint the abstract has not been received from the publisher. This study, using data from the Older Men's cohort 1966-1978, provides quantitative evidence bearing on five questions related to the labor market status and experiences of displaced older male workers: (1) How do workers displaced during the relatively good times of the late 1960s differ from those displaced during the relative bad times of the 1970s? (2) What are the determinants of job displacement? (3) How do age and economic conditions influence the propensity of displaced older men to opt for early retirement? (4) How do age and economic conditions influence the duration of employment experienced by displaced older men? (5) How do economic conditions influence the post-displacement wage rates of displaced older men who find new jobs? Comparison of workers displaced during the 1970s with those displaced during the late 1960s reveals that as the economy worsened, the average schooling of those displaced rose, as did the fraction of displaced men who had previously been employed in manufacturing, wholesale trade, and retail trade. Average tenure on the previous job also increased as the economy deteriorated. |
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Bibliography Citation
Shapiro, David and Steven H. Sandell. "Effects of Economic Conditions on the Labor Market Status and Experience of Displaced Older Male Workers." Presented: New York, NY, Eastern Economic Association Meetings, 1984. |