Ichino, Andrea; Schwerdt, Guido; Winter-Ebmer, Rudolf; … - Austrian Center for Labor Economics and the Analysis of … - 2013
We study whether employment prospects of old and young workers differ after a plant closure. Using Austrian … administrative data, we show that old and young workers face similar displacement costs in terms of employment in the long-run, but … employment losses of old versus young workers after a displacement are mainly explained by different opportunities of transition …