Why is Old Workers' Labor Market More Volatile? Unemployment Fluctuations over the Life-Cycle

Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of worker fl...

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Bibliographic details
Volume: 8076
Main Author: Hairault, Jean-Olivier
Langot, François
Sopraseuth, Thepthida
Format: Paper
Language: English
Place of publication: Bonn Institute for the Study of Labor (IZA) 2014
published in: IZA Discussion Paper Vol. 8076
Data of publication: 2014
Subjects:
Online Access: Fulltext
Database: EconStor
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