Impact of Displacement on Older Workers

TitleImpact of Displacement on Older Workers
Publication TypeReport
Year of Publication2001
AuthorsHaider, S
InstitutionSanta Monica, CA, RAND Corp
KeywordsEmployment and Labor Force, Health Conditions and Status, Income, Insurance, Other, Retirement Planning and Satisfaction
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.

Endnote Keywords

Job Loss/Health Status/Stress Psychology/Displacement/Retirement/Compensation/Insurance .

Endnote ID

1230

Citation Key5428