ABSTRACT
This chapter provides an empirical analysis of employment and income trajectories around late-career job loss. It is structured as follows. The next section discusses a few essential details of the analysis sample and the implementation of the did matching approach. Section 8.2 contains the empirical findings. I first analyze the impact of late-career job loss on subsequent employment and retirement (Section 8.2.1). I then examine income and poverty dynamics among displaced workers as a whole (Section 8.2.2). Section 8.2.3 analyzes changes in spousal labor supply. As a final step, Section 8.2.4 presents additional analyses that differentiate between men who return to work and men who retire after late-career job loss (results for women are not discussed due to small sample sizes). Section 8.3 concludes by summarizing the main findings of the chapter.
