Download or read book Earnings Loss Due to Displacement written by Louis Jacobson and published by . This book was released on 1979 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents findings, drawn from a number of studies, about earnings losses due to displacement. Losses are calculated by comparing the earnings of workers after they were displaced, with the earnings of similar workers, in similar conditions, who were not displaced. To measure the effects, it is necessary to distinguish displaced workers from those who left their jobs, voluntarily, either to take other jobs or to withdraw from the labor force. The findings are that industries in which losses are large have three characteristics in common: workers are mostly male, the labor force is heavily unionized, and voluntary labor turnover is low. Within an industry, losses are generally largest among workers whose earnings have begun to grow rapidly. Losses are higher if workers are displaced into small labor markets or into labor markets where unemployment is already high. Among female workers, labor force withdrawal is more common than among males. As a result, findings about how displacement affects females are inconclusive.
Download or read book Job Displacement Re employment and Earnings Loss written by Michael John Podgursky and published by . This book was released on 1986 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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:
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.
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:
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.
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.
Download or read book The Gender Gap in Earnings Losses After Job Displacement written by Hannah Illing and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We compare men and women who are displaced from similar jobs by applying an event study design combined with propensity score matching and reweighting to administrative data from Germany. After a mass layo, women's earnings losses are about 35% higher than men's, with the gap persisting five years after displacement. This is partly explained by women taking up more part-time employment, but even women's full-time wage losses are almost 50% higher than men's. Parenthood magnifies the gender gap sharply. Finally, displaced women spend less time on job search and apply for lower-paid jobs, highlighting the importance of labor supply decisions.
Download or read book Do We Know Why Earnings Fall with Job Displacement written by Congressional Budget Congressional Budget Office and published by CreateSpace. This book was released on 2015-03-15 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: After being displaced from their jobs, workers experience reduced earnings for many years and are at greater risks of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including the unemployment insurance system, and have spurred calls for wage insurance that would provide longer-run earnings replacement. However, while the average size and the individual characteristics associated with the losses are relatively clear, the theory of displacement-induced earnings loss is scattered. Much of the policy discussion appears to interpret displacement-induced losses through the lens of specific human capital theory, in which skills are specific to jobs, locations, industries, or occupations, and that model has considerable empirical support. Assistance for displaced workers may improve well-being in that model since it insures workers against the risk that their consumption of goods and services might fall for idiosyncratic reasons and, as a consequence, allows workers to make more productive but higher-risk career choices. But there are other credible theories of costly job displacement that have different causal mechanisms, different interpretations and different policy implications. This paper reviews theories of costly job displacement and discusses their consistency with the available empirical evidence. We find that while specific human capital is important, we cannot rule out important roles for other theories.
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.
Download or read book The Effects of Job Displacement on Post Displacement Earnings written by Thomas N. Daymont and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this research is to examine the long-term effects of job displacement on the subsequent earnings of displaced workers. Previous empirical research has suggested that job displacement reduces the short-term post-displacement earnings an average of about 15 percent relative to what their earnings would have been had they not been displaced. This research uses a fixed effects model and data over a 22-year period from the PSID to assess the long-term earnings effects of job displacement. The results support and extend previous research in finding that earnings losses due to job displacement are substantial and persist for many years.
Download or read book Why Do Earnings Fall with Job Displacement written by William Carrington and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Displaced workers experience reduced earnings for many years. While this empirical phenomenon is well established, the theory of displacement-induced earnings loss is scattered. Policy discussion often interprets displacement-induced losses through the lens of specific human capital theory but there are other credible theories with different causal mechanisms and different interpretations. This paper reviews theories of costly job displacement and discusses their consistency with the available empirical evidence for the United States. We find that specific human capital theory and matching theory have considerable but far from conclusive empirical support. We suggest avenues for better discriminating among theories.
Download or read book Earnings Losses of Workers Displaced from Manufacturing Industries written by Louis S. Jacobson and published by . This book was released on 1976 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: A particularly sensitive current policy issue is the effect of changes in tariffs and quotas on employment and earnings. This study examines empirically some of the effects of a permanent labor displacement which might result from changes in international trade policy. Specifically, it presents estimates of how job displacement would change the long-term earnings of workers in 11 industries, and relates the findings to industry characteristics so that they can be projected to industries not directly studied. This study was designed to assist in determining industries in which trade liberalization would impose large losses on workers. Results show that average prime age male workers suffer substantial losses of earnings in industries where the normal rate of labor turnover is low and prime age males make up a high percentage of the total labor force. These industries also tend to be high wage industries. Displacement from the auto and steel industries is estimated to reduce earnings over a 6 year period by about 24%, and by almost as much in several other high wage industries. The estimated loss in low wage industries was much smaller, averaging about 5%, in some cases, such as cotton weaving, no appreciable loss could be detected.
Download or read book Losses to Workers Displaced by Plant Closure Or Layoff written by Arlene Holen and published by . This book was released on 1976 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Workers who are displaced when a plant closes, or when there is a permanent layoff resulting from reduced demand, usually suffer losses in earnings. These losses are due to unemployment and to wage reductions which reflect more permanent impairment of earnings capacity. It is important to know the long terms effects of job displacement. Many prospective changes in government policy can result in reductions in demand for specific products and lead to some job displacement. This paper reviews seventeen recent studies of the effects of job loss on earnings. They range from case studies of specific plant closures to more broadly based studies of the effects of job loss, in which control groups are used to estimate losses in earnings over a number of years after layoff. Methods of analysis range from simple tabulations to estimation of income determination models based on human capital theory. The losses documented in these studies can be taken to illustrate the magnitude of losses that would result from displacements due to increased import penetration. Some of the studies deal with job losses specifically due to increased import competition, but all are concerned with job losses following declines in demand for domestic production. Whatever the cause of a fall in demand for the products of an industry, increased import penetration, changes in tastes, etc., the skills of workers that are specifically adapted to either the industry or to particular firms within that industry become less valuable.
Download or read book Why Do Earnings Fall with Job Displacement written by William J. Carrington and published by . This book was released on 2014-08-07 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The earnings of workers are reduced for many years after being displaced from their jobs, and those workers and their families face increased risk of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including the unemployment insurance system, and have spurred calls for wage insurance that would provide longer-run earnings replacement. However, while the magnitude of the losses is relatively clear, the theory of why displacement matters is scattered and somewhat undeveloped. Much of the policy discussion appears to interpret displacement-induced losses through the lens of specific human capital theory, and there is considerable empirical support for that model. But there are several other theories of why job displacement is costly. This study reviews theories of costly job displacement and discusses their consistency with the available empirical evidence. Figure. This is a print on demand report.
Download or read book Beyond Lost Earnings written by Yige Duan and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the long-term impact of job displacement on workers' commuting behavior. Our measures of commuting exploit geo-coordinates of workers' places of residence and places of work, from which we calculate the door-to-door commuting distance and commuting time. Using German employee-employer matched data and an event study design, we identify the causal effect of job loss on workers displaced during a mass layoff. Conditional on finding a new job, workers' commuting distance and commuting time rise sharply after displacement and gradually decline in subsequent years. The recovery is due to employer changes rather than migration, and a larger increase in commuting would mitigate the wage loss due to job displacement. To rationalize our findings, we build an on-the-job search model with heterogeneous firm productivity and commuting distances. Our model predicts a joint recovery of wages and commuting despite a static tradeoff between the two attributes.
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.
