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Determinants of hiring older workers: Evidence from Hong Kong

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Author Info
John S. Heywood
Lok-Sang Ho
Xiangdong Wei

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Abstract

A 1996 survey of Hong Kong establishments designed to identify hiring and employment patterns by workers' age shows that, as in the United States, many firms employed older workers but did not hire older workers. This pattern appears to reflect mainly economic forces, rather than public policy, given that no laws prohibited age discrimination or required uniform fringe benefit provision in Hong Kong. The empirical evidence from the survey is consistent with two broad hypotheses. First, workers and firms are more willing to invest in training when workers are young. Second, delayed compensation more effectively deters shirking among young workers than among older workers and is more readily accepted by young workers. (Abstract courtesy JSTOR.)

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Publisher Info
Article provided by ILR Review, ILR School, Cornell University in its journal ILR Review.

Volume (Year): 52 (1999)
Issue (Month): 3 (April)
Pages: 444-459
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Handle: RePEc:ilr:articl:v:52:y:1999:i:3:p:444-459

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  1. Pfeifer, Christian, 2009. "An Intra-Firm Perspective on Wage Profiles and Employment of Older Workers with Special Reference to Human Capital and Deferred Compensation," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Universität Hannover dp-413, Universität Hannover, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
  2. repec:fth:prinin:436 is not listed on IDEAS
  3. Carsten Ochsen, 2009. "Regional Labor Markets and Aging in Germany," Thuenen-Series of Applied Economic Theory 102, University of Rostock, Institute of Economics, Germany. [Downloadable!]
  4. John Heywood & Xiangdong Wei, 2004. "Education and Signaling: Evidence from a Highly Competitive Labor Market," Education Economics, Taylor and Francis Journals, vol. 12(1), pages 1-16, April. [Downloadable!] (restricted)
  5. Zwick, Thomas, 2008. "Earnings Losses After Non-employment Increase With Age," ZEW Discussion Papers 08-041, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  6. Daniel, Kirsten & Siebert, W. Stanley, 2004. "Does Employment Protection Reduce the Demand for Unskilled Labor?," IZA Discussion Papers 1290, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  7. Luojia Hu, 2000. "Who Gets Good Jobs? The Hiring Decisions and Compensation Structures of Large Firms," Working Papers 815, Princeton University, Department of Economics, Industrial Relations Section.. [Downloadable!]
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This page was last updated on 2009-11-23.


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