The Impact of Displacement on Older Workers
RAND CORP SANTA MONICA CA
Pagination or Media Count:
We examine the impact of job displacement on older workers. Whereas previous studies focus on the earnings losses associated with displacement, we examine compensation losses more generally. Using the Health and Retirement Study, we measure the impact of a job loss on earnings, pension wealth, and health insurance. When pension and health insurance losses are incorporated to measure the overall impact of a displacement, the estimated total compensation loss increases by nearly 100 percent relative to the standard analysis that only examines earnings losses.
- Economics and Cost Analysis
- Personnel Management and Labor Relations