Reconsidering the Cost of Job Loss: Evidence from Redundancies and Mass Layoffs

2021 ◽  
Author(s):  
Jonas Cederlöf
Keyword(s):  
Job Loss ◽  
Mass Layoffs ◽  
The Cost

scholarly journals Arbeitslosigkeit und Einkommensverteilung.

1995 ◽  
Vol 25 (99) ◽  
pp. 205-219
Author(s):  
Heiner Ganßmann ◽  
Grover McArthur
Keyword(s):  
Significant Influence ◽  
Job Loss ◽  
West Germany ◽  
Conflict Behavior ◽  
Profit Distribution ◽  
Statistical Estimates ◽  
The Social ◽  
Social Structure Of Accumulation ◽  
Post War ◽  
The Cost

The development of the wage-profit-distribution in post-war Germany is analyzed, applying the»cost-of-job-loss«-concept which has been elaborated in the social-structure-of-accumulation framework by radical US-economists. Statistical estimates show that the costs of job loss (as adeterminant of work and conflict behavior of workers) exercise a significant influence on the development of income distribution in (West) Germany.

scholarly journals The Cost of Job Loss

2020 ◽  
Vol 87 (4) ◽  
pp. 1757-1798 ◽  
Author(s):  
Kenneth Burdett ◽  
Carlos Carrillo-Tudela ◽  
Melvyn Coles
Keyword(s):  
Human Capital ◽  
Job Search ◽  
Capital Accumulation ◽  
Job Loss ◽  
Learning By Doing ◽  
Risk Averse ◽  
Wage Formation ◽  
Optimal Contracting ◽  
The Cost ◽  
German Data

Abstract This article identifies an equilibrium theory of wage formation and endogenous quit turnover in a labour market with on-the-job search, where risk averse workers accumulate human capital through learning-by-doing and lose skills while unemployed. Optimal contracting implies the wage paid increases with experience and tenure. Indirect inference using German data determines the deep parameters of the model. The estimated model not only reproduces the large and persistent fall in wages and earnings following job loss, a new structural decomposition finds foregone human capital accumulation (while unemployed) is the worker’s major cost of job loss.

scholarly journals Unemployment and Organizational Commitment: Evidence from a Panel of Australian Manufacturing Firms

2017 ◽  
Vol 8 (2) ◽  
pp. 135-152
Author(s):  
Nicholas Apergis
Keyword(s):  
Organizational Commitment ◽  
Private Sector ◽  
Household Income ◽  
Job Loss ◽  
Job Insecurity ◽  
Positive Influence ◽  
Manufacturing Firms ◽  
Using Data ◽  
Labor Dynamics ◽  
The Cost

Higher unemployment increases the cost of job loss and heightens employees’ feelings of job insecurity. The paper argues that these two effects could have a positive influence on employee organizational commitment. Using data from the Household, Income and Labor Dynamics in Australia (HILDA) microdata database, we find that employees in high unemployment regions are more committed to their organization, while the effect of unemployment on employee’s commitment is stronger in the private sector.

'The Power of the Sack': The Cost of Job Loss in Canada, 1953-1985

1990 ◽  
Vol 25 ◽  
pp. 143
Author(s):  
Hugh M. Grant ◽  
Frank Strain
Keyword(s):  
Job Loss ◽  
The Cost

Changes Over Time in the Cost of Job Loss for Young Men and Women

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Justin Barnette ◽  
Kennedy Odongo ◽  
C. Lockwood Reynolds
Keyword(s):  
Job Loss ◽  
Young Men ◽  
Men And Women ◽  
Present Evidence ◽  
Using Data ◽  
The Cost ◽  
Changes Over Time ◽  
Over Time

AbstractUsing data from the two cohorts of the NLSY, we examine whether income losses due to involuntary job separations have changed over time. We find that wage losses among men are similar between the two cohorts. However, women in the 1979 cohort show little evidence of wage losses while women in the 1997 cohort experience wage losses similar to those of men. We present evidence that changes in occupations across cohorts help explain these results.

scholarly journals Recessions and the Cost of Job Loss

2011 ◽  
Author(s):  
Steven Davis ◽  
Till von Wachter
Keyword(s):  
Job Loss ◽  
The Cost
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