posted on 2023-08-30, 14:38authored byNick Drydakis, Peter MacDonald, Vangelis Chiotis, Laurence Somers
Governments encourage people to work longer in order that pension promises are sustainable as populations age. This approach presupposes that older workers are welcome in the market. This study undertakes a correspondence test to investigate whether ageism is prevalent in the UK at the initial stage of the hiring process. This study adds to the literature by investigating whether race can moderate the relationship between age and labour market outcomes. The results suggest that older people are penalized in the labour market. They have lower access to vacancies and sorting in lower-paid jobs. A minority racial background exacerbates both penalties. These new results call for anti-ageism and anti-racial policy actions in the workplace.
ARCHIVED Lord Ashcroft International Business School (until September 2018)
Note
This is an accepted manuscript of an article published by Taylor & Francis group in 'Applied Economics Letters' on 13/02/17, available online at : http://dx.doi.org/10.1080/13504851.2017.1290763