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Rewards in the Afterlife: Late Career Job Placements as Incentives in the Japanese Firm.

Abstract:

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...

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Authors


Marcus E Rebick More by this author
Journal:
Journal of the Japanese and International Economies
Volume:
9
Publication date:
1995
URN:
uuid:7e37dd3d-c927-4f9a-9f12-d81ec494d318
Local pid:
oai:economics.ouls.ox.ac.uk:12750

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