Showing 1 - 10 of 570
effects of job displacement on mortality. We find that job displacement leads to a 15-20% increase in death rates during the … consistent with estimates of the effects of job loss on mortality pooling displaced workers and stayers that are not affected by … selective job displacement. To examine the channels through which mass layoffs raise mortality, we exploit the panel nature of …
Persistent link: https://www.econbiz.de/10012759666
Prior literature has established that displaced workers suffer persistent earnings losses by following workers in administrative data after mass layoffs. This literature assumes that these are involuntary separations owing to economic distress. This paper examines this assumption by matching...
Persistent link: https://www.econbiz.de/10012941970
Large shocks to local labor markets can cause long-lasting changes to employment, unemployment and the local labor force. This study examines the relationship between mass layoffs and the long-run size of the local labor force. It considers four main channels through which the local labor force...
Persistent link: https://www.econbiz.de/10013013928
This paper presents a new approach to the measurement of the effects of spatial mismatch that takes advantage of matched employer-employee administrative data integrated with a person-specific job accessibility measure, as well as demographic and neighborhood characteristics. The basic...
Persistent link: https://www.econbiz.de/10013054875
This study tests for the empirical relationship between layoffs and the economic performance of workers who remain after the layoffs. Previous studies performed in laboratory settings have often found increases in the efficiency of workers after layoffs. This analysis is the first to test for...
Persistent link: https://www.econbiz.de/10013311924
I examine changes in the incidence and consequences of job loss between 1981 and 2001 using data from the Displaced Workers Surveys (DWS) from 1984-2002. The overall rate of job loss has a strong counter-cyclical component, but the job loss rate was higher than might have been expected during...
Persistent link: https://www.econbiz.de/10014084950
Private equity critics claim that leveraged buyouts bring huge job losses. To investigate this claim, we construct and analyze a new dataset that covers U.S. private equity transactions from 1980 to 2005. We track 3,200 target firms and their 150,000 establishments before and after acquisition,...
Persistent link: https://www.econbiz.de/10013067389
Unemployment inflows fell from 4 percent of employment per month in the early 1980s to 2 percent or less by the mid 1990s and thereafter. U.S. data also show a secular decline in the job destruction rate and the volatility of firm-level employment growth rates. We interpret this decline as a...
Persistent link: https://www.econbiz.de/10012758431
We investigate the effects of job displacement, as a result of mass-layoffs, on criminal arrests using a novel matched employer-employee-crime dataset in Medellín, Colombia. Job displacement leads to immediate earnings losses, and an increased likelihood of being arrested for both the displaced...
Persistent link: https://www.econbiz.de/10012861223
This paper finds that US employment changed differently relative to output in the Great Recession and recovery than in most other advanced countries or in the US in earlier recessions. Instead of hoarding labor, US firms reduced employment proportionately more than output in the Great Recession,...
Persistent link: https://www.econbiz.de/10012986300