Abstract
Promoting employment of older workers is an important policy in an ageing society. Mandatory retirement and age limitations in hiring are two major obstacles to this effort. Mandatory retirement has a negative effect on the utilization of older employees, while age limitations in hiring prevent middle-aged and older workers from finding jobs. To eliminate these barriers, it is necessary to establish measures against employment discrimination based on age. However, the current seniority-based wage and promotion systems require mandatory retirement and age limitations in hiring. Therefore, substantial reform of seniority-based wage and promotion systems is necessary.
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Seike, A. (2010). An Economic Analysis of Age Discrimination: The Impact of Mandatory Retirement and Age Limitations in Hiring on the Utilization of Human Resources in an Ageing Society. In: Tuljapurkar, S., Ogawa, N., Gauthier, A. (eds) Ageing in Advanced Industrial States. International Studies in Population, vol 8. Springer, Dordrecht. https://doi.org/10.1007/978-90-481-3553-0_13
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DOI: https://doi.org/10.1007/978-90-481-3553-0_13
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