IZA World of Labor/RIETI event discusses Japan’s demographic challenges
Last week saw the IZA World of Labor policy symposium Reforming Labor Market Institutions to Promote Elderly Employment, organized jointly with Japan’s Research Institute of Economy, Trade and Industry (RIETI), take place in Tokyo.
The event, held on May 26, concerned the policy implications of Japan’s aging population, and how these are likely to affect its social and employment model.
IZA World of Labor author David Neumark gave the symposium’s first keynote speech, which discussed age discrimination laws in the US. He showed that, while successful in normal circumstances, these laws failed during the recession since they reduced hiring of older workers in the severe downturn; and that age discrimination in hiring in the US remains a problem that needs to be addressed.
Later, the Bank of Spain’s Juan F. Jimeno discussed various policy responses to promote elderly employment based on the European experience, and Ayako Kondo of Yokohama National University spoke about elderly employment in Japan and the effects of legislative reforms.
In their opening remarks, RIETI’s Masahisa Fujita and IZA’s Alessio Brown talked about the importance of evidence-based policy making in labor economics.
IZA World of Labor has published several articles on older workers and retirement; a selection of these is below.
Read more at IZA Newsroom.
Related articles:
Late-life work and well-being by Carol Graham
Is training effective for older workers? by Matteo Picchio
Impact of aging on scale of migration by Anzelika Zaiceva
Effect of early retirement schemes an youth employment by René Böheim
Incentive effects of minimum pensions by Sergi Jiménez-Martín
Redesigning pension systems by Marek Góra