Lehmann, Hartmut; Phillips, Kaia; Wadsworth, Jonathan - 2002
those with short job tenure. Roughly half of those displaced find re-employment within two months while the other half … lingers on in the state of non-employment. There is less evidence however of a wage penalty to job loss, unlike in some … in Estonia. The main cost of displacement is then the income loss due to non-employment, which is severe for a minority …