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May 27, 2026Socio-Economic Review

Old and new welfare states retaining older workers in the face of crisis: the case of COVID-19 in Europe

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KLKun Lee

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Overview

Randomized trial examines job retention outcomes for older workers in Europe, suggesting welfare state policies matter.

Key Points

  • This research aims to understand how different welfare state policies influenced the retention of older workers during the COVID-19 crisis in Europe.
  • Utilized a cross-nationally harmonized panel survey across European countries.
  • Examined variations in national labour market policies and pension institutions.
  • Analyzed the impact on older workers' exit rates post-COVID-19.
  • Job retention schemes were positively associated with reduced exit rates among older workers.
  • Extended unemployment insurance showed limited impact on retention.
  • Higher retirement ages and reliance on private pensions correlated with lower exit rates in low-educated groups.

Cite This Study

Kun Lee (2026) studied this question.

synapsesocial.com/papers/6a168ae40c924ddd1bd59a38https://doi.org/10.1093/ser/mwag024
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