Rewards in the Afterlife: Late Career Job Placements as Incentives in the Japanese Firm.
This paper studies the significance of receiving assistance from one's preretirement employer in finding employment after mandatory retirement for male employees of large firms in Japan. I find that (1) workers who are assisted in finding postretirement work by their preretirement employers earn 20% higher wages than those who find work through other means, after controlling for individual characteristics. (2) Given that an average of 5 years is spent in employment after reaching the age of m...Expand abstract
- Journal of the Japanese and International Economies
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