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Book The Costs of Worker Displacement

Download or read book The Costs of Worker Displacement written by Daniel S. Hamermesh and published by . This book was released on 1984 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study defines the nature of worker displacement and develops a mechanism for inferring the amount of losses caused by displacement in away that is tied to economic theory. Data from the Panel Study of Income Dynamics are first used to identify the characteristics of displaced workers. After a demonstration that usual methods of evaluating workers' losses cannot provide correct measures of the cost to society, a game--theoretic model determining the amount of firm -- specific investment in workers is developed. As workers'and firms' horizons decrease, such investment will be reduced; this will be exhibited in a flattening of the wage-tenure profile as the date of displacement approaches. Examination of the profile thus provides a test whether firms and workers have good information about impending displacement. Using the PSID data for workers displaced between 1977 and 1981, the study shows there is no significant flattening of the wage-tenure profile in the entire sample. (However, some flattening does occur among unionized workers, and also among workers who are laid-off permanently from a plant that remains open.) This suggests that workers are surprised by displacement, for they continue investing in firm-specific human capital up to the time of displacement. The present value of the worker's share of the lost returns on this investment is around $7000 (1980 dollars) under intermediate assumptions about the real rate of discount, depreciation on such investment and the effect of tenure on the rate of voluntary separation.

Book The Costs of Worker Dislocation

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 The Costs of Worker Displacement in Urban Labor Markets of China

Download or read book The Costs of Worker Displacement in Urban Labor Markets of China written by Yuhao Ge and published by . This book was released on 2014 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the costs of job loss in China, using unique new data from the Rural-to-Urban Migration in China (RUMIC) data set for the year 2009. We investigate conventional labor market outcomes upon displacement like the length of unemployment spells, hours worked and monthly earnings. We also analyze whether displaced workers are more likely to be in informal employment relationships or self-employed or less happy than their non-displaced counterparts. We also look at health and psychic costs as additional outcomes. Displaced migrant workers do not encounter losses in terms of longer unemployment spells or wage penalties, while urban displaced workers incur very large costs in terms of these two outcomes. These results point to segmented urban labor markets in China. All displaced workers have an increased likelihood of being informal, while only migrants among the displaced experience a lowered incidence of self-employment. Also, health costs and psychic costs can be linked to displacement although these costs are not prevalent in a uniform fashion. Stratification of the data by gender, level of development and ownership seems important as it shows substantial heterogeneity of the costs of job loss across these dimensions.

Book Job Loss from Imports

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.

Book The Disposable Work Force

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 The Costs of Job Displacement Over the Business Cycle and Its Sources

Download or read book The Costs of Job Displacement Over the Business Cycle and Its Sources written by Johannes F. Schmieder and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses and their cyclicality is driven by declines in wages. Key to these long-lasting wage declines and their cyclicality are changes in employer characteristics, as displaced workers switch to lower-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment durations correlated with losses in employer effects play a role.

Book The costs of involuntary job loss

Download or read book The costs of involuntary job loss written by and published by . This book was released on 2012 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Losing Work  Moving on

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 Job Displacement

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 Back to Work  United States Improving the Re employment Prospects of Displaced Workers

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 A Guide to Worker Displacement

Download or read book A Guide to Worker Displacement written by Gary B. Hansen and published by International Labour Organisation. This book was released on 2009 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide is an update To The 2001 Guide to worker displacement that was published as a response To The Asian financial crisis. The Guide, drawing on experience primarily in North America and during the transition process in Central and Eastern Europe, explores how enterprises, communities and workers can respond To The financial crisis and how to reduce potential job losses. This includes possible strategies for averting layoffs and promoting business retention by communities, enterprise managements and workers' association. The guide is primarily for use in industrialized and transition countries, and is aimed at policy makers, employers and workers in developing appropriate responses that promote worker retention and employment during the recession.

Book Estimating the Private and Social Opportunity Cost of Displaced Workers

Download or read book Estimating the Private and Social Opportunity Cost of Displaced Workers written by Glenn P. Jenkins and published by Département de science économique, Université de Montréal. This book was released on 1978 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book How Destructive is Creative Destruction

Download or read book How Destructive is Creative Destruction written by Kristiina Huttunen and published by . This book was released on 2006 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Assisting Workers Displaced by Structural Change

Download or read book Assisting Workers Displaced by Structural Change written by Duane E. Leigh and published by W E Upjohn Inst for. This book was released on 1995-01-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph takes the perspective that increased awareness of how active labor market programs operate in other nations can substantially improve the way in which the United States deals with worker displacement. Chapter 1 considers the costs of worker displacement and how government programs designed to reduce these costs are evaluated. Chapter 2 provides an overview of the labor market policies in place in the seven countries examined: Sweden, Germany, Japan, Britain, Canada, Australia, and the United States. It investigates a possible linkage between these countries' labor market policies and differences in their unemployment rates. Chapter 3 reviews the evaluation evidence available for demonstration projects and experiments implementing active labor market programs in the United States as well as evaluation reports examining the effectiveness of training and basic education programs in demonstration projects targeted to economically disadvantaged workers. Chapter 4 considers adult retraining programs. It investigates the government training model in Sweden, Britain's employer-led/school-based model, and firm-based training systems in Germany and Japan. Chapter 5 focuses on employment services. It examines carefully the job matching system provided by the Swedish public employment service and job development services supplied by the Canadian Industrial Adjustment Service. Chapter 6 presents findings and outlines an agenda for assisting displaced workers. Appendixes include 148 references and an index. (YLB)

Book The Incidence and Cost of Job Loss in the Ukrainian Labor Market

Download or read book The Incidence and Cost of Job Loss in the Ukrainian Labor Market written by Hartmut Lehmann and published by . This book was released on 2005 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Wage and Non wage Costs of Displacement

Download or read book The Wage and Non wage Costs of Displacement written by and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is the first to analyze the costs of job loss in Russia, using unique new data from the Russian Longitudinal Monitoring Survey over the years 2003-2008, including a special supplement on displacement that was initiated by us. We employ fixed effects regression models and propensity score matching techniques in order to establish the causal effect of displacement for displaced individuals. The paper is innovative insofar as we investigate fringe and in-kind benefits and the propensity to have an informal employment relationship as well as a permanent contract as relevant labor market outcomes upon displacement. We also analyze monthly earnings, hourly wages, employment and hours worked, which are traditionally investigated in the literature. Compared to the control group of non-displaced workers (i.e. stayers and quitters), displaced individuals face a significant income loss following displacement, which is mainly due to the reduction in employment and hours worked. This effect is robust to the definition of displacement. The losses seem to be more pronounced and are especially large for older workers with labor market experience and human capital acquired in Soviet times and for workers with primary and secondary education. Workers displaced from state firms experience particularly large relative losses in the short run, while such losses for workers laid off from private firms are more persistent. Turning to the additional non-conventional labor market outcomes, there is a loss in terms of the number of fringe and in-kind benefits for reemployed individuals but not in terms of their value. There is also some evidence of an increased probability of working in informal jobs if displaced. These results point towards the importance of both firm-specific human capital and of obsolete skills obtained under the centrally planned economy as well as to a wider occurrence of job insecurity among displaced workers. -- Costs of job loss ; worker displacement ; propensity score matching ; Russia

Book The Effects of Job Displacement on Younger Workers

Download or read book The Effects of Job Displacement on Younger Workers written by Cynthia Karen Gustafson and published by . This book was released on 1999 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: