scholarly journals The Gender Gap in Earnings Losses after Job Displacement

2021 ◽  
Author(s):  
Hannah Illing ◽  
Johannes Schmieder ◽  
Simon Trenkle
Keyword(s):  
Gender Gap ◽  
Job Displacement ◽  
Earnings Losses

scholarly journals The Gender Gap in Earnings Losses after Job Displacement

2021 ◽  
Author(s):  
Hannah Illing ◽  
Johannes F. Schmieder ◽  
Simon Trenkle
Keyword(s):  
Gender Gap ◽  
Job Displacement ◽  
Earnings Losses

scholarly journals The Gender Gap in Earnings Losses after Job Displacement

2021 ◽  
Author(s):  
Hannah Illing ◽  
Johannes F. Schmieder ◽  
Simon Trenkle
Keyword(s):  
Gender Gap ◽  
Job Displacement ◽  
Earnings Losses

scholarly journals Job Ladders and Earnings of Displaced Workers

2017 ◽  
Vol 9 (2) ◽  
pp. 1-31 ◽  
Author(s):  
Pawel Krolikowski
Keyword(s):  
Displaced Workers ◽  
Job Displacement ◽  
Wage Dispersion ◽  
Earnings Losses ◽  
Displaced Worker

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 with a significant job ladder and increased separation rates for the recently hired. In addition to capturing the depth and persistence of displaced worker earnings losses, the model matches: employment-to-nonemployment and employer-to-employer probabilities by tenure; the empirical decomposition of earnings losses into reduced wages and employment; observed wage dispersion; and the distribution of wage changes around a nonemployment event. (JEL J31, J63, J64)

The Long-Term Costs of Job Displacement for Young Adult Workers

ILR Review ◽  
2003 ◽  
Vol 56 (4) ◽  
pp. 682-698 ◽  
Author(s):  
Lori G. Kletzer ◽  
Robert W. Fairlie
Keyword(s):  
Young Adults ◽  
Older Workers ◽  
Job Loss ◽  
Job Displacement ◽  
Young Workers ◽  
Earnings Growth ◽  
Earnings Losses ◽  
Expected Earnings ◽  
Annual Earnings

Using NLSY data, the authors estimate the long-term costs of job displacement for young adults. Earnings and wage losses were large for the first three years following displacement. Compared to earnings losses found by other studies for more mature workers, however, earnings losses for these young adults were short-lived, with differences between observed and expected earnings narrowing considerably five years after job loss. At that point, the shortfall in annual earnings (relative to what would have been expected absent job loss) was 9% for men and 12.5% for women, and the shortfall in hourly wages was 21.2% for men. Young workers also apparently differ from more established workers in the composition of total earnings losses: for older workers, total losses largely represent actual, immediate earnings losses, whereas for young workers the loss of opportunities for rapid earnings growth is more important.

scholarly journals Measuring the True Impact of Job Loss on Future Earnings

2017 ◽  
pp. 1-4
Author(s):  
Pawel M. Krolikowski
Keyword(s):  
Job Loss ◽  
Job Displacement ◽  
Future Earnings ◽  
Earnings Losses

The effect of job displacement on future earnings losses has often been calculated by comparing the earnings of individuals who suffer a displacement at some point in their career with the earnings of those who never lose a job. I show this approach leads to an overstatement of the earnings losses following displacement and discuss an alternative that can ascertain the true effects of displacement in some instances.

scholarly journals Job Loss, Credit, and Crime in Colombia

2021 ◽  
Vol 3 (1) ◽  
pp. 97-114
Author(s):  
Gaurav Khanna ◽  
Carlos Medina ◽  
Anant Nyshadham ◽  
Christian Posso ◽  
Jorge Tamayo
Keyword(s):  
Job Loss ◽  
Policy Reform ◽  
Economic Incentives ◽  
Job Displacement ◽  
Access To Credit ◽  
Mass Layoffs ◽  
Earnings Losses ◽  
Banking Policy ◽  
Younger Men ◽  
Participation Decisions

We investigate the effects of job displacement, as a result of mass layoffs, on criminal arrests using a matched employer-employee crime dataset from Medellín, Colombia. Job displacement leads to immediate and persistent earnings losses and higher probability of arrest for both the displaced worker and family members. Leveraging a banking policy reform, we find that greater access to credit attenuates the criminal response to job loss. Impacts on arrests are pronounced for property crimes and among younger men for whom opportunities in criminal enterprises are prevalent. Taken together, our results are consistent with economic incentives contributing to criminal participation decisions after job losses. (JEL G21, G51, J63, K42, O16, O17)

scholarly journals Job Displacement, Family Dynamics, and Spousal Labor Supply

2020 ◽  
Vol 12 (4) ◽  
pp. 253-287
Author(s):  
Martin Halla ◽  
Julia Schmieder ◽  
Andrea Weber
Keyword(s):  
Labor Supply ◽  
Household Income ◽  
Married Couples ◽  
Job Displacement ◽  
Short Term ◽  
Income Loss ◽  
Earnings Losses ◽  
Public Transfers ◽  
Spousal Labor ◽  
Important Form

We study the effectiveness of intrahousehold insurance among married couples when the husband loses his job due to a mass layoff or plant closure. Empirical results based on Austrian administrative data show that husbands suffer persistent employment and earnings losses, while wives’ labor supply increases moderately due to extensive margin responses. Wives’ earnings gains recover only a tiny fraction of the household income loss, and in the short-term, public transfers and taxes are a more important form of insurance. We show that the presence of children in the household is a crucial determinant of the wives’ labor supply response. (JEL D13, J12, J16, J22, J31, J63)

A Review of the Recent Empirical Literature on Displaced Workers

ILR Review ◽  
1996 ◽  
Vol 50 (1) ◽  
pp. 5-16 ◽  
Author(s):  
Bruce C. Fallick
Keyword(s):  
Demographic Characteristics ◽  
Displaced Workers ◽  
Economic Conditions ◽  
Empirical Literature ◽  
Job Displacement ◽  
Prior Performance ◽  
Earnings Losses ◽  
Economic Downturns ◽  
Advance Notice ◽  
The Difference

This article reviews the empirical literature on job displacement. Job displacement is widespread and strongly countercyclical (tending to peak during economic downturns), but concentrated in industries and states that are doing poorly, relative either to other industries and states or to their own prior performance. Displaced workers experience more nonemployment than do nondisplaced workers, but the difference fades after about four years. In contrast, earnings losses of displaced workers are large and persistent. Outcomes for all displaced workers are heavily influenced by broader economic conditions, and are affected very little by workers' demographic characteristics. The effects of advance notice are not yet clear.

scholarly journals Job Displacement

1998 ◽  
Vol 12 (1) ◽  
pp. 115-136 ◽  
Author(s):  
Lori G Kletzer
Keyword(s):  
Job Loss ◽  
Training Programs ◽  
White Collar ◽  
Job Displacement ◽  
The Past ◽  
Earnings Losses ◽  
Specific Human Capital ◽  
College Educated ◽  
And Training

The past decade and a half has seen tremendous research growth in the area of job displacement. This paper discusses the state of knowledge on the issues and questions of job loss. The 1984-96 Displaced Worker Surveys are used to describe how the characteristics of displacement are changing to include more college educated, white collar, and nonmanufacturing workers. For many workers, the long-term earnings losses following displacement are large due to the loss of firm-specific human capital. More research is needed on the questions of the causes of job displacement and on the efficacy of employment and training programs.

scholarly journals Job Displacement Risk and the Cost of Business Cycles

2007 ◽  
Vol 97 (3) ◽  
pp. 664-686 ◽  
Author(s):  
Tom Krebs
Keyword(s):  
Quantitative Analysis ◽  
Theoretical Analysis ◽  
Business Cycles ◽  
Incomplete Markets ◽  
Displaced Workers ◽  
Job Displacement ◽  
Macroeconomic Model ◽  
Earnings Losses ◽  
The Cost

This paper analyzes the welfare costs of business cycles when workers face uninsurable job displacement risk. The paper uses a simple macroeconomic model with incomplete markets to show that cyclical variations in the long-term earnings losses of displaced workers can generate arbitrarily large cost of business cycles even if the variance of individual income changes is constant over the cycle. In addition to the theoretical analysis, this paper conducts a quantitative study of the cost of business cycles using empirical evidence on the long-term earnings losses of US workers. The quantitative analysis shows that realistic variations in job displacement risk generate sizable costs of business cycles, even though a second-moment analysis would suggest negligible costs. (JEL E21, E24, E32, J63)

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