The effectiveness of new job security measure for the older employees in Japan

研究成果: Chapter

抄録

In this paper, we examine the amended Law for the Stabilization of Employment of Older Persons (LSEOP) that was enforced in 2006. The LSEOP requires enterprises to take one of three job security measures for their employees in line with the upward revision of the pensionable age: a) any increase in the mandatory retirement age that exceeds the current pensionable age; b) the introduction of continuing employment systems; or c) the complete abolition of mandatory retirement systems. Our results suggest that a wage reduction after the mandatory retirement age is a key determinant of continued employment in an enterprise. Because the LSEOP does not regulate wage reductions, the effect of the LSEOP is limited. However, our results also imply this would be appropriate for avoiding the distortion of labour demand, particularly the increase of young recruits.

本文言語English
ホスト出版物のタイトルDemographic Change in Japan and the EU
ホスト出版物のサブタイトルComparative Perspectives
出版社de Gruyter
ページ155-191
ページ数37
ISBN(電子版)9783110720044
ISBN(印刷版)9783940671639
DOI
出版ステータスPublished - 2010 1月 1

ASJC Scopus subject areas

  • 社会科学(全般)

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