The Impact of Displacement on Older Workers

Abstract

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.

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Document Details

Document Type
Technical Report
Publication Date
Aug 01, 2001
Accession Number
ADA399156

Entities

People

  • Steven J. Haider

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Age Groups
  • Benefits
  • Business Administration
  • Compensation
  • Displacement
  • Economics
  • Education
  • Electronic Mail
  • Employment
  • Fringe Benefits
  • Labor Markets
  • Money
  • Motivation
  • Regression Analysis
  • Specifications
  • Standards
  • Surveys

Readers

  • Economics