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The Firms Role In Displaced Workers Earnings Losses
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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 0 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 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 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 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 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 Reconsidering the Consequences of Worker Displacements by : Aaron B. Flaaen
Download or read book Reconsidering the Consequences of Worker Displacements written by Aaron B. Flaaen and published by . This book was released on 2017 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Displaced workers suffer persistent earnings losses. This stark finding has been established by following workers in administrative data after mass layoffs under the presumption that these are involuntary separations owing to economic distress. This paper examines this presumption by matching survey data on worker-supplied reasons for separations with administrative data. Workers exhibit substantially different earnings dynamics in mass layoffs depending on the reason for separation. Using a new methodology to account for the increased separation rates across all survey responses during a mass layoff, the paper finds earnings loss estimates that are surprisingly close to those using only administrative data.
Book Synopsis Understanding the Sources of Earnings Losses After Job Displacement by : Andreas Gulyas
Download or read book Understanding the Sources of Earnings Losses After Job Displacement written by Andreas Gulyas and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We implement a generalized random forest (Athey et al., 2019) to a differencein-difference setting to identify substantial heterogeneity in earnings losses across displaced workers. Using administrative data from Austria over three decades we document that a quarter of workers face cumulative 11-year losses higher than 2 times their pre-displacement annual income, while almost 10% of individuals experience gains. Our methodology allows us to consider many competing theories of earnings losses. We find that the displacement firm's wage premia and the availability of well paying jobs in the local labor market are the two most important factors. This implies that earnings losses can be understood by mean reversion in firm wage premia and losses in match quality, rather than by a destruction of firm-specific human capital. We further show that 94% of the cyclicality of earnings losses is explained by compositional changes of displaced workers over the business cycle.
Book Synopsis Job Displacement by : John T. Addison
Download or read book Job Displacement written by John T. Addison and published by . This book was released on 1991 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reconsidering the Consequences of Worker Displacements by : Aaron B. Flaaen
Download or read book Reconsidering the Consequences of Worker Displacements written by Aaron B. Flaaen and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Displaced workers suffer persistent earnings losses. This stark finding has been established by following workers in administrative data after mass layoffs under the presumption that these are involuntary separations owing to economic distress. This paper examines this presumption by matching survey data on worker-supplied reasons for separations with administrative data. Workers exhibit substantially different earnings dynamics in mass layoffs depending on the reason for separation. Using a new methodology to account for the increased separation rates across all survey responses during a mass layoff, the paper finds earnings loss estimates that are surprisingly close to those using only administrative data.
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 The Disposable Work Force by : Thomas Moore
Download or read book The Disposable Work Force written by Thomas Moore and published by Routledge. This book was released on 2018-02-06 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twenty-first century has witnessed a transformation of the organization, opportunities, and terms of work. Downsizing, restructuring, and outsourcing are the forces altering employment relationships throughout the work force. Those who tend to see the future in a positive light view the evolving role between employer and employee as empowering for the individual. This book examines the consequences of economic instability due to job loss and the displacement of millions of workers. It draws upon case studies of worker displacement as well as national labor force surveys. Thomas S. Moore finds that consequences of economic instability are productivity slowdown, increased disparities in earnings and income, and higher average unemployment. He assesses the extent of job loss nationwide, its costs to the individuals directly affected, and the way in which the incidence of displacement and earnings loss has shifted over time. Although drawn from an earlier period, the data have an obvious relevance to today's labor markets. Moore argues for an employment and training system that gives employers an incentive to invest in the skills of their employees. Federally funded training programs have not improved the earning ability of displaced and disadvantaged workers, and state-sponsored programs tend to exclude those most in need of assistance. Moore suggests direct employer investment in the general skills of employees. Initially published in a different economic downturn, this continues to be a must read book for all economists, sociologists, and policymakers.
Book Synopsis The Costs of Worker Dislocation by : Louis S. Jacobson
Download or read book The Costs of Worker Dislocation written by Louis S. Jacobson and published by W. E. Upjohn Institute. This book was released on 1993 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a study of earning losses suffered by a group of experienced workers in Pennsylvania, USA who separated from their firms between 1980 and 1986. Examines how these losses depend on various characteristics of the workers and their former employers.
Book Synopsis Earnings Losses After Involuntary Displacement by : Christopher Erath
Download or read book Earnings Losses After Involuntary Displacement written by Christopher Erath and published by . This book was released on 1997 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Firms and Wages by : Thomas F. Crossley
Download or read book Firms and Wages written by Thomas F. Crossley and published by . This book was released on 1998 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Back to Work: United States Improving the Re-employment Prospects of Displaced Workers by : OECD
Download or read book Back to Work: United States Improving the Re-employment Prospects of Displaced Workers written by OECD and published by OECD Publishing. This book was released on 2016-12-06 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Job displacement (involuntary job loss due to firm closure or downsizing) affects many workers over their lifetime. This report looks at how this challenge is being tackled in the United States.
Book Synopsis Job Loss from Imports by : Lori G. Kletzer
Download or read book Job Loss from Imports written by Lori G. Kletzer and published by Peterson Institute. This book was released on 2001 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study of the medium-term effects of trade displacement on American workers, Kletzer uses worker-level data from the US Displaced Worker Surveys to examine the pattern of reemployment following trade-related job loss. She also analyzes regional and local labor market variations, and concludes by exploring the implications of her findings for US policy on linking the labor market and international trade.
