2015 Fiscal Year Final Research Report
The effect of elderly employment policy on youth and prime-age employment
| Project/Area Number |
25380358
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Public finance/Public economy
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| Research Institution | Nanzan University |
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Principal Investigator |
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Keywords | 高年齢者の雇用延長 / 若壮年者の雇用と賃金 / 定年退職 / 精神的健康 |
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| Outline of Final Research Achievements |
The Japanese government has increased pensionable age and implemented policies to keep elderly workers in the labor market longer to bolster the public pension system. These policies have raised concern about whether elderly employment negatively influences youth employment. On the other hand, elderly people would be able to keep their health by continuing to work.
We obtained the following two empirical results. First, we investigated the effect of elderly employment on youth employment as well as graduates’ subsequent income. The estimation results revealed that elderly employment had increased the probability of new graduates failing to find a full-time job and decreased their future income by 7-8%. Second, we examined the effect of mandatory retirement on mental health of elderlies. As a result of the estimation, we found negative effect of mandatory retirement. However, mandatory retirement did not affect elderly’s mental health immediately, but affected with time lag.
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| Free Research Field |
労働経済学
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