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Pension Reform and Improved Employment Protection: Effects on Older Men’s Employment Outcomes

Author

Listed:
  • Kajitani Shinya

    (Faculty of Economics, Kyoto Sangyo University, Motoyama, Kamigamo, Kita-ku, Kyoto, 603-8555, Japan)

  • Kan Mari

    (School of Economics and Management, University of Hyogo, 8-2-1, Gakuen-Nishimachi, Nishi-ku, Kobe, 651-2197, Japan)

Abstract

This study examines the impacts of demand-side (the improved employment protection law) and supply-side (pension reform) government interventions on older male workers’ employment outcomes in Japan. To identify the effects of interventions implemented concurrently, we employ a difference-in-difference-in-differences (DDD) approach with variation in the bindingness of the revision of employment protection law as our specification strategy. Our results show that the revised employment protection law had a significant positive impact on employment. However, the results of the event study’s DDD model show that the treatment effects do not last over time.

Suggested Citation

  • Kajitani Shinya & Kan Mari, 2023. "Pension Reform and Improved Employment Protection: Effects on Older Men’s Employment Outcomes," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 23(4), pages 1017-1043, October.
    • Handle: RePEc:bpj:bejeap:v:23:y:2023:i:4:p:1017-1043:n:9
    DOI: 10.1515/bejeap-2022-0317
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    References listed on IDEAS

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    More about this item

    Keywords

    employment promotion policy; older adult employment; pension reform;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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