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standard model of equilibrium unemployment and search in the labor market by the distinction between age specific separation … to this, the unemployment rate in Germany and Japan will rise as a consequence of the increase in the share of elderly … workers. -- Vacancies and Separations ; Unemployment ; Job Creation ; Aging of the Labor Force ; Demographic Change …
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We analyze short and long-term effects of worker displacement. Our focus is on prime-age male workers displaced from Norwegian manufacturing plants. We find that displacement increases the probability of exiting the labor force by about 5 percentage points. This indicates that studies using data...
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