Daniele Zaccaria, Emma Garavaglia The combination of institutional variables defining different welfare and productive regimes lead to different degrees of inclusion of older workers in the labour market and to different degrees of protection of older workers from work-related risks deriving from the globalization process. Moreover, the institutional setting also influences the degree of significance that individual characteristics have in shaping employment biographies in later life. By adopting an institution and individual- centered approach, the paper analyses the most critical characteristics that sustain older workers’ employability and employment performance, from a cross-national perspective. In particular, it focuses on the role of human capital. Appling longitudinal models to SHARE data we estimate the effect of three different dimensions of human capital (educational level and informal training) on older workers’ employability and employment performance in different institutional contexts.
Keywords: Older workers, human capital, education, employability, job tenure, welfare regimes