Lachowska, Marta; Mas, Alexandre; Woodbury, Stephen A. - 2017
the reduced earnings, work hours, and wages of these displaced workers can be attributed to factors specific to pre- and … main findings emerge from the empirical work. First, five years after job loss, the earnings of these displaced workers … were 16 percent less than those of comparison groups of non-displaced workers. Second, earnings losses within a year of …