Oreopolous, Philip; Page, Marianne; Stevens, Ann Huff - eSocialSciences - 2005
had the same level of permanent income prior to 1982 when some of the fathers were displaced. We demonstrate that job loss … leads to large permanent reductions in family income. Comparing outcomes among individuals whose fathers experienced an … employment shock to outcomes among individuals whose fathers did not, we find that children whose fathers were displaced have …