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

Author:

Kajitani Shinya1ORCID,Kan Mari2

Affiliation:

1. Faculty of Economics , Kyoto Sangyo University , Motoyama, Kamigamo, Kita-ku , Kyoto 603-8555 , Japan

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

Abstract

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.

Funder

Japan Society for the Promotion of Science

Publisher

Walter de Gruyter GmbH

Subject

Economics, Econometrics and Finance (miscellaneous),Economics and Econometrics

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