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We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short … run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run …, there are only weak effects for blue collar workers but strong and persistent effects for white collars. This is consistent …
Persistent link: https://www.econbiz.de/10003741925
This study is the first to provide a causal estimate of the subjective well-being effects of spousal unemployment at the couple level. Using German panel data on married and cohabiting partners for 1991-2013 and information on exogenous job termination induced by workplace closure, we show that...
Persistent link: https://www.econbiz.de/10011594644
We investigate the consequences of structural change for workers displaced from the manufacturing sector. Manufacturing … establishments traditionally employed low- and high-wage workers in similar proportions and paid substantial wage premiums to both … types of workers. Structural change has led to the disappearance of these jobs, particularly for low-wage workers …
Persistent link: https://www.econbiz.de/10014319156
In this paper a simultaneous-equations model of firm closing and wage determination is developed in order to analyse how wages adjust to unfavorable shocks that raise the risk of displacement through firm closing, and to what extent a wage change affects the exit likelihood. Using a longitudinal...
Persistent link: https://www.econbiz.de/10003278902
mechanisms by which social networks have an impact on labor market outcomes of displaced workers. We base our analysis on … we switch to the perspective of the hiring firm and analyze which types of displaced workers get hired by firms that are … coworkers are crucial for the job finding success of their displaced contacts. Moreover, 21% of displaced workers find a new job …
Persistent link: https://www.econbiz.de/10010355702
discrimination across firms. -- asymmetric information ; displaced workers ; racial and gender wage gap ; discrimination …
Persistent link: https://www.econbiz.de/10003184148
significant number of workers subject to furloughs. Both temporary closures and furloughs impose costs that will be borne by firms …, workers and government. The effects of Covid-19 on firms differ across sectors. Adverse effects tend to be higher in … of female workers and, in consequence, most of the countries in the sample exhibit an early decline of the share of women …
Persistent link: https://www.econbiz.de/10012508054
in anticipation of the shock. Responses differ by the availability of dismissal protection. While pregnancies increase in … fertility behavior. Women threatened by job displacement bring births forward to exploit dismissal protection, a strategy that …
Persistent link: https://www.econbiz.de/10014229801
Since the demise of the Bretton Woods system, the yen has seen several episodes of strong appreciation, including in the late 1970s, after the 1985 Plaza Agreement, the early and late 1990s and after 2008. These appreciations have not only been associated with "expensive yen recessions"...
Persistent link: https://www.econbiz.de/10012099480
This paper examines the impact of manufacturing employment decline on the socio-economic outcomes within and between black and white Americans from 1960 to 2010. Exploiting variation across cities and over time, the analysis shows that manufacturing decline negatively impacted blacks (men,...
Persistent link: https://www.econbiz.de/10011874825