Labour-market outcomes of older workers in the Netherlands: Measuring job prospects using the occupational age structure

Nicole Bosch and Bas ter Weel

No 234, CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis

Abstract: This paper analyses changes in job opportunities of older workers in the Netherlands in the period 1996-2010. This paper analyses changes in job opportunities of older workers in the Netherlands in the period 1996-2010. The standard human capital model predicts that, as a result of human capital obsolescence, mobility becomes more costly when workers become older. We measure and interpret how changing job opportunities across 96 occupations affect different age and skill groups. Older workers end up in shrinking occupations, in occupations with a lower share of high-skilled workers, in occupations facing a higher threat of offshoring tasks abroad, more focus on routine-intensive tasks and less rewarding job content. This process is not only observed for the oldest group of workers, but for workers aged 40 and above. Observing older workers in declining occupations is to a large extent a market outcome, but declining job opportunities in terms of less satisfying working conditions and job tasks and content could potentially raise incentives to retire early.

JEL-codes: J24 J60 (search for similar items in EconPapers)
Date: 2013-02
New Economics Papers: this item is included in nep-age, nep-eur, nep-lab and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

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Persistent link: https://EconPapers.repec.org/RePEc:cpb:discus:234

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