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Decomposing The Wage Losses Of Displaced Workers
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Book Synopsis Decomposing the Wage Losses of Displaced Workers by : Pedro S. Raposo
Download or read book Decomposing the Wage Losses of Displaced Workers written by Pedro S. Raposo and published by . This book was released on 2015 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using an unusually rich matched employer-employee-job title data set for Portugal, this paper evaluates the sources of wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and after displacement. Potential wage losses of displaced workers can be related to firm, job title, and match heterogeneity in the pre- and post-displacement jobs. In this vein, we estimate a three-way high-dimensional fixed effects regression model that enables us to decompose the sources of the wage losses into the contribution of firm, job title, and match fixed effects. The worker-firm match plays a very sizable role. We found that the allocation of workers into poorer matches accounts for 38 percent of the total average wage loss. Sorting among firms accounts for 36 percent. Job downgrading also plays a significant role in explaining the wage loss of displaced workers, accounting for the remaining 26 percent.
Book Synopsis Sources of Displaced Workers' Long-Term Earnings Losses by : Marta Lachowska
Download or read book Sources of Displaced Workers' Long-Term Earnings Losses written by Marta Lachowska and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate the earnings losses of a cohort of workers displaced during the Great Recession and decompose those long-term losses into components attributable to fewer work hours and to reduced hourly wage rates. We also examine the extent to which the reduced earnings, work hours, and wages of these displaced workers can be attributed to factors specific to pre- and post-displacement employers; that is, to employer-specific fixed effects. The analysis is based on employer-employee linked panel data from Washington State assembled from 2002-2014 administrative wage and unemployment insurance (UI) records.
Book Synopsis Job Ladders and Earnings of Displaced Workers by : Pawel Michal Krolikowski
Download or read book Job Ladders and Earnings of Displaced Workers written by Pawel Michal Krolikowski and published by . This book was released on 2015 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Workers who suffer job displacement experience surprisingly large and persistent earnings losses.This paper proposes an explanation for this robust empirical puzzle in a model of search over match-quality with a significant job ladder. In addition to capturing the depth and persistence of displaced worker earnings losses, the model is able to match a) separation rates by tenure; b) the empirical decomposition of earnings losses into reduced wages and employment; c) observed wage dispersion; d) the pattern of employer-to-employer transitions after layoff; and e) the degree of serial correlation in separations.
Book Synopsis Displaced Workers in Mass Layoffs by : Sara de la Rica
Download or read book Displaced Workers in Mass Layoffs written by Sara de la Rica and published by . This book was released on 1992 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Losing Work, Moving on by : Peter Joseph Kuhn
Download or read book Losing Work, Moving on written by Peter Joseph Kuhn and published by W.E. Upjohn Institute. This book was released on 2002 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: And synthesis / Peter J. Kuhn -- Displaced workers in the United States and the Netherlands / Joap H. Abbring ... [et al.] -- Worker displacement in Japan and Canada / Masahiro Abe ... [et al.] -- They get knocked down. do they get up again? / Jeff Borland ... [et al.] -- Worker displacement in France and Germany / Stefan Bender ... [et al.] -- Employment protection and the consequences for displaced workers / Karsten Albk, Marc Van Audenrode, and Martin Browning.
Book Synopsis Wage Losses of Displaced Workers in the 1990s by : Robert F. Schoeni
Download or read book Wage Losses of Displaced Workers in the 1990s written by Robert F. Schoeni and published by . This book was released on 1996 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The large-scale downsizings of the 1990s have renewed interest in the wage losses of displaced workers. This study uses administrative data to follow 833,004 workers in California between 1989 and 1994, providing estimates of the extent of wage losses associated with the recent downsizings. Patterns of wage loss that are similar to those found in studies using different data for different regions and periods are documented. However, the authors do not find that wages decline substantially prior to displacement, which has been found in previous research. The study also finds that wage losses: i) vary substantially among workers; ii) differ by the period of displacement; iii) are related to the economic conditions at the time of displacement; iv) vary by firm size, industry of new employment, and the number of subsequent separations; v) are similar within versus across firms; and vi) in the long-run are 17 to 25 percent. The effects on quarterly versus hourly wages are also explored.
Book Synopsis Long-Run Wage and Earnings Losses of Displaced Workers by : Roger White
Download or read book Long-Run Wage and Earnings Losses of Displaced Workers written by Roger White and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Displacement-related losses are estimated using NLSY79 data that span the years 1979-2000. The typical displaced worker faces losses of $34,065 during the period four years prior through five years following displacement. Proportionally, this represents a 10.8 percent loss compared to earnings of similar non-displaced workers over the period. Considerable variation in losses is reported across worker types. Union, male and more mature workers suffer greater losses, respectively, than do their non-union, female and younger counterparts. College graduates and high school dropouts are found to suffer lower losses compared to high school diploma holders and those who completed some college.
Book Synopsis Displacement Effects in Manufacturing and Structural Change by : Ines Helm
Download or read book Displacement Effects in Manufacturing and Structural Change written by Ines Helm and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the consequences of structural change for workers displaced from the manufacturing sector. Manufacturing establishments traditionally employed low- and high-wage workers in similar proportions and paid substantial wage premiums to both types of workers. Structural change has led to the disappearance of these jobs, particularly for low-wage workers. Decomposing displacement wage losses, we show that low-wage workers suffer considerable losses in establishment premiums following displacement, whereas high-wage workers tend to fall down the match quality ladder. With ongoing structural change, losses in wages and establishment premiums have increased over time, especially for low-wage workers, in part because they are increasingly forced to switch to low-knowledge service jobs where establishment premiums are low. Our findings further highlight that structural change and layoffs in manufacturing have significantly contributed to job polarization and the rise in assortative matching of workers to firms.
Book Synopsis Earnings Losses of Displaced Workers by : Louis S. Jacobson
Download or read book Earnings Losses of Displaced Workers written by Louis S. Jacobson and published by . This book was released on 1992 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Human Capital Losses of Displaced Workers by : Daniel S. Hamermesh
Download or read book The Human Capital Losses of Displaced Workers written by Daniel S. Hamermesh and published by . This book was released on 1984 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Losses for Displaced Workers in the U.S. by : Michael D. L. Branson
Download or read book Wage Losses for Displaced Workers in the U.S. written by Michael D. L. Branson and published by . This book was released on 2011 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of changes in union status in determining reemployment wages for displaced workers. The author uses a data set adapted from the 1994-2008 Current Population Survey Displaced Worker Supplement files that includes information on both pre- and post-displacement union status for a sample of workers displaced by plant or company closures. This complete information on union transition paths after displacement allows for a more thorough examination of union effects for displaced workers' than has been possible in most past studies using cross-sectional data. The author finds that, consistent with past research, the loss of union status has a large and significant negative effect on workers' post-displacement wages, and gaining union status is associated with a smaller and insignificant wage gain. On the aggregate, however, the loss of union status alone likely accounts for only approximately one-sixth of all wage losses for displaced workers--far lower than the one-third to one-half hypothesized in previous research. These findings are consistent with the view that a broad-based policy approach--one made up of worker retraining along with targeted wage supplements--can be effective in limiting the wage losses of displaced workers.
Book Synopsis The Effect of the Hartz Labor Market Reforms on Post-unemployment Wages, Sorting, and Matching by : Simon D. Woodcock
Download or read book The Effect of the Hartz Labor Market Reforms on Post-unemployment Wages, Sorting, and Matching written by Simon D. Woodcock and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage effects into components attributable to selection on unobservables, and to changes in the way that displaced workers are sorted across firms and worker-firm matches upon re-employment. We find that the Hartz reforms substantially reduced the wages of displaced workers after their return to work. Women experienced smaller wage losses than men. For both sexes, over 80 percent of the increased wage loss was because displaced workers found re-employment in lower-wage firms after the reforms. A disproportionate share of these low-wage firms offer temporary employment services to other firms, and we document a large increase in post-displacement employment in the temporary work sector after the reforms. Sorting into worse matches with employers explains a smaller 5-9 percent of the wage loss experienced by men, and 12.5-23 percent of the female wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post-displacement wages.
Book Synopsis Earnings Losses of Displaced Workers by : René Morissette
Download or read book Earnings Losses of Displaced Workers written by René Morissette and published by . This book was released on 2007 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What is the magnitude of earnings losses that Canadian workers suffer several years after being displaced? The answer to this question is currently unknown. Several of the previous studies are based on U.S. data and have shown that, even five years after displacement, displaced workers still suffer substantial earnings losses. However, most of the evidence offered is based either on a sub-sample of high-tenure workers in a specific region or on relatively small samples drawn from the Panel Study of Income Dynamics. Furthermore, the evidence presented is not recent since it covers either the early to mid-1980s or the early 1990s. Canadian studies of worker displacement have compared pre-displacement wages to wages observed shortly after displacement but have been unable to quantify the magnitude of the earnings losses suffered several years after displacement. The goal of this paper is to fill this gap and to quantify the earnings losses experienced up to five years after displacement by Canadian workers who lost their job during the late 1980s and the 1990s as a result of firm closures or mass layoffs. To do so, we take advantage of Statistics Canada's Longitudinal Worker File, a unique administrative data set that tracks a large (10%) sample of Canadian workers throughout the 1983 to 2002 period."--Unedited text from document.
Book Synopsis The Firm's Role in Displaced Workers' Earnings Losses by : Brendan Moore
Download or read book The Firm's Role in Displaced Workers' Earnings Losses written by Brendan Moore and published by . This book was released on 2019 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use employer-employee matched administrative data from Ohio to study the role of firm pay premiums in explaining the large, persistent earnings losses of displaced workers. We estimate that earnings for displaced workers from the mid-2000s are depressed by 22 percent after four years, consistent with prior work. Drawing upon empirical approaches from the displaced worker and firm heterogeneity literature, we then estimate how much of this earnings loss can be explained by the forfeiture of a favorable employer-specific pay premium. Our preferred estimate attributes one quarter (24 percent) of long-run earnings deficits to lost firm pay premiums. Such firm rents explain up to half the earnings deficits for those laid off from manufacturing firms and employers with particularly generous pay policies. We test for sensitivity to different samples from which we derive firm specific-pay premiums and definitions of displacement. Our estimates persist in a narrow range between 16 and 24 percent for the share explained by firm rents, adding to the evidence that firm rents do not explain the majority of earnings or wage losses sustained by displaced workers in the United States.
Book Synopsis Wage Loss Following Displacement by : Peter Kuhn
Download or read book Wage Loss Following Displacement written by Peter Kuhn and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using two Canadian data sets, the authors explore the role of union coverage in displaced workers' wage losses. While only 32% of the workers had unionized jobs prior to displacement, the wage loss suffered by these workers represented about 80% of the wages lost by all displaced workers in both samples. Losing union status was associated with large losses whether or not a worker switched industries after displacement. Extrapolating the results to the United States, the authors estimate that one-third to one-half of U.S. displaced workers' wage losses may be due purely to the loss of union coverage.
Book Synopsis OECD Employment Outlook 2024 The Net-Zero Transition and the Labour Market by : OECD
Download or read book OECD Employment Outlook 2024 The Net-Zero Transition and the Labour Market written by OECD and published by OECD Publishing. This book was released on 2024-07-09 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition to net-zero emissions by 2050 will have profound impacts on the labour market and the jobs of millions of workers. Aggregate effects on employment are estimated to be limited. But many jobs will be lost in the shrinking high-emission industries, while many others will be created in the expanding low-emission activities. This edition of the OECD Employment Outlook examines the characteristics of the jobs that are likely to thrive because of the transition (“green-driven jobs”), including their attractiveness in terms of job quality, and compares them to jobs in high-emission industries that tend to shrink. The cost of job displacement in these latter industries is assessed along with the trajectories of workers out of them towards new opportunities, and the labour market policies that can facilitate job reallocation. Particular attention is devoted to upskilling and reskilling strategies to facilitate workers’ transition into fast-growing, green-driven occupations. The distributive impacts of climate-change mitigation policies are also examined, with a focus on carbon pricing and options to redistribute its tax revenue to those most impacted. As usual, the first chapter of the Outlook assesses recent labour market developments (including wage trends), but also provides an update of the OECD Job Quality indicators.
Book Synopsis The Flow Analysis of Labour Markets by : Ronald Schettkat
Download or read book The Flow Analysis of Labour Markets written by Ronald Schettkat and published by Routledge. This book was released on 1996-08-08 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-functioning labour markets are a precondition for economic development. In order to function smoothly the market needs to be able to adjust effectively and quickly to new developments. An understanding and analysis of adjustment processes within labour markets is therefore essential for economic theory and policy proposals. This study discusse
