scholarly journals Long-Term Effects of Job Displacement: Evidence from the Panel Study of Income Dynamics

10.3386/w5343 ◽  
1995 ◽  
Author(s):  
Ann Huff Stevens
2017 ◽  
Author(s):  
Matthew J Moehr

This paper replicates and extends Stevens’s (1997) analysis of the long-term effects of job displacements. Using data from the 1968-2005 waves of the Panel Study of Income Dynamics, I estimate fixed-effects models which show that there are long term decreases in earnings after displacements. The decreases are mediated when longer follow up data is used for individuals. Changes in the labor market have also shifted the relationship between displacements and individual worker characteristics. Specifically, education and experience have become more important then displacements. Conclusions are based on an analysis of the different people in the 40 years of PSID data and the structural changes in the labor market over that time. This article suggests that longitudinal data and fixed-effects models are one of many ways to conceptualize labor market changes.


Author(s):  
Jan de Jonge ◽  
Akihito Shimazu ◽  
Maureen Dollard

This study examined whether particular recovery activities after work have a positive or negative effect on employee recovery from work (i.e., cognitive, emotional, and physical detachment) and sleep quality. We used a two-wave panel study of 230 health care employees which enabled looking at both short-term and long-term effects (i.e., two-year time interval). Gender, age, marital status, children at home, education level, management position, and working hours were used as control variables. Hierarchical multiple regression analyses showed that work-related off-job activities were negatively associated with cognitive and emotional detachment in both the short and long run, whereas low-effort off-job activities were positively related to cognitive detachment in the short run. Moreover, household/care off-job activities were positively related to sleep quality in the long run, whereas physical off-job activities were negatively associated with sleep quality in the long run. The long-term findings existed beyond the strong effects of baseline detachment and sleep quality. This study highlights the importance of off-job recovery activities for health care employees’ detachment from work and sleep quality. Practical implications and avenues for further research are discussed.


2015 ◽  
Vol 15 (4) ◽  
pp. 1793-1829 ◽  
Author(s):  
Nicholas A. Jolly

Abstract This paper uses data from the 1968 through 1997 survey waves of the Panel Study of Income Dynamics to analyze how the long-term costs of job loss vary by a worker’s post-displacement migration status. Results from the analysis show that those individuals who move within the first 2 years after a job loss experience lower earnings losses, lower reductions in hours worked, and smaller increases in time unemployed when compared to a group of displaced workers who are not geographically mobile during the early years following this life event. Workers who move within the first 2 years after displacement face a lower probability of homeownership when compared to their non-mobile counterparts. However, this lower probability is short-lived.


2010 ◽  
Vol 14 (4) ◽  
pp. 501-526 ◽  
Author(s):  
Donggyun Shin ◽  
Kwanho Shin ◽  
Seonyoung Park

This paper presents an equilibrium explanation of the inter- and intrasectoral mobility of workers. Analyses of our samples from the Panel Study of Income Dynamics and the National Longitudinal Survey of Youth show that, other things being equal, the initial wage decline is greater for intersectoral movers than for intrasectoral movers. Intersectoral movers, however, enjoy higher wage growth in subsequent years on postunemployment jobs than intrasectoral movers do, and hence are compensated for their initial wage decline. Our estimates suggest that, other things being constant, the additional short-term wage loss associated with sector shifts is overturned in no more than four years by the greater wage growth of intersectoral movers in subsequent years. The findings in the current study clearly show that the true economic costs of intersector mobility tend to be overstated in existing studies and are significantly lowered in the long-term perspective. Calibration of a simple lifetime utility model demonstrates that inter- and intrasectoral movements of workers are quantitatively consistent with an equilibrium framework, at least for a major group of workers who move with longer term perspectives. Evidence also shows that job seekers consider not only the initial wage rate but also the subsequent wages received from the postunemployment job when deciding whether to recommence employment or switch sectors.


2016 ◽  
Vol 54 (1) ◽  
pp. 33-73 ◽  
Author(s):  
Isaac William Martin ◽  
Kevin Beck

Scholars have long argued that gentrification may displace long-term homeowners by causing their property taxes to increase, and policy makers, including the U.S. Supreme Court, have cited this argument as a justification for state laws that limit the increase of residential property taxes. We test the hypotheses that gentrification directly displaces homeowners by increasing their property taxes, and that property tax limitation protects residents of gentrifying neighborhoods from displacement, by merging the Panel Study of Income Dynamics with a decennial Census-tract-level measure of gentrification and a new data set on state-level property tax policy covering the period 1987 to 2009. We find some evidence that property tax pressure can trigger involuntary moves by homeowners, but no evidence that such displacement is more common in gentrifying neighborhoods than elsewhere, nor that property tax limitation protects long-term homeowners in gentrifying neighborhoods. We do find evidence that gentrification directly displaces renters.


2020 ◽  
Vol 33 (1) ◽  
pp. 1-21
Author(s):  
Lara Augustijn

Objective: This study examined the relationship between loneliness in parents and in their adult children, and took into account the role of gender differences in the intergenerational transmission of loneliness. Background: Although it is well documented that loneliness has negative effects on a person’s physical and mental health, only a relatively small number of empirical studies have investigated the intergenerational transmission of loneliness between parents and their children, including the potential long-term effects of transmission processes. Moreover, the findings of the few existing studies have been inconsistent and contradictory, particularly with regard to gender differences. Method: The statistical analysis drew on data from the German Socio-Economic Panel Study (SOEP). Based on data from 2013 and 2017, stepwise multilevel linear regression models were estimated for 4,457 respondents between the ages of 18 and 40 and their parents. Results: Significant associations were found between loneliness in parents and in their adult children. The analysis also revealed that the relationship between loneliness in mothers and in their children did not depend on whether mothers and children were living in the same household. However, no significant differences were found between same-sex and opposite-sex parent-child dyads. Conclusion: This study provided moderate evidence for the intergenerational transmission of loneliness between parents and their adult children, as well as indirect evidence for the long-term effects of transmission processes between mothers and children.


1999 ◽  
Vol 27 (3) ◽  
pp. 263-280 ◽  
Author(s):  
Martijn Degoede ◽  
ED Spruijt ◽  
Cora Maas

What are the effects of positive and negative experiences in both the vocational and relationship careers of youngsters and their parents on adolescent well-being. Data from the Dutch national panel study USAD (Utrecht Study of Adolescent Development) were used; this is a study of developmental processes as they occur in the life course of young people during the 1990s. A quarter of the total variance of the variable adolescent well-being is found at family level. Individual vocational and relationship factors appear to have significant long-term effects on adolescent well-being. The same holds true for relationship problems in the family, especially for girls. Vocational family factors and parents' personal characteristics are not important as predictors of adolescent well-being.


2021 ◽  
pp. 1-29
Author(s):  
Justin Barnette

Abstract Income drops permanently after an involuntary job displacement, but it has never been clear what happens to long run wealth in the USA. Upon displacement, wealth falls 14% relative to workers of the same age and similar education from the Panel Study of Income Dynamics (PSID). Their wealth is still 18% lower 12 years after the event. A standard life cycle model calibrated to US data with permanent decreases in income after displacement behaves differently than these findings. The agents in the model also experience a large drop in wealth but they recover. The biggest culprit for these differences is small and statistically insignificant changes to consumption in the PSID whereas agents in the model decrease their consumption considerably. Extending the model to include habit formation reconciles some of these differences by generating similar long run effects on wealth. This allows for the examination of wealth at death through the lens of the model.


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