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Displacement, asymmetric information, and heterogeneous human capital
Hu, Luojia (contributor); Taber, Christopher (contributor) - 2007
In a seminal paper Gibbons and Katz (1991; GK) develop and empirically test an asymmetric information model of the labor market. The model predicts that wage losses following displacement should be larger for layoffs than for plant closings, which was borne out by data from the Displaced Workers...
Persistent link: https://www.econbiz.de/10003633908
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Displacement, asymmetric information and heterogeneous human capital
Hu, Luojia (contributor); Taber, Christopher (contributor) - 2008
In a seminal paper Gibbons and Katz (1991; GK) develop and empirically test an asymmetric information model of the labor market. The model predicts that wage losses following displacement should be larger for layouts than for plant closings, which was borne out by data from the Displaced Workers...
Persistent link: https://www.econbiz.de/10003773539
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Layoffs, lemons, race, and gender
Hu, Luojia; Taber, Christopher - 2005
Persistent link: https://www.econbiz.de/10003020826
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Firms with Benefits? Nonwage Compensation and Implications for Firms and Labor Markets
Ouimet, Paige; Tate, Geoffrey A. - 2022
than in wages. We also document sharply higher between-firm variation in nonwage benefits, compared to wages. We argue that …, controlling for occupation, wages, state, and industry. This dynamic has implications for employee turnover. We find that the …
Persistent link: https://www.econbiz.de/10014084221
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The effects of 401(k) plans on household wealth : differences across earnings groups
Engen, Eric M.; Gale, William G. - 2000
Persistent link: https://www.econbiz.de/10001535198
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The financial cost of job loss in Australia
Lancaster, David - In: Bulletin / Reserve Bank of Australia (2021), pp. 41-51
Persistent link: https://www.econbiz.de/10012631564
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The determinants of displaced workers’ wages : sorting, matching, selection, and the Hartz reforms
Woodcock, Simon D. - 2022
Persistent link: https://www.econbiz.de/10013273455
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The role of the housing market in workers' resilience to job displacement after firm bankruptcy
Meekes, Jordy; Hassink, Wolter H. J. - 2017
. These patterns change over the worker's post-displacement period - the negative displacement effect on wages becomes more …
Persistent link: https://www.econbiz.de/10011704330
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Explaining wage losses after job displacement: employer size and lost firm rents
Fackler, Daniel; Müller, Steffen; Stegmaier, Jens - 2017
lost firm wage premiums or worker productivity depreciations. We therefore estimate losses in wages and firm wage premiums … and that premium losses are largely permanent. We show that losses in wages and premiums are minor for workers displaced …
Persistent link: https://www.econbiz.de/10011780008
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Pension shocks and wages
Adrjan, Pawel; Bell, Brian - 2018
Persistent link: https://www.econbiz.de/10011882039