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accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor … force attachment searching for employment after being subject to a mass layoff - thereby focusing on a group of job …
Persistent link: https://www.econbiz.de/10013054875
We study the reaction of stock prices to announcements of reductions in force (RIFs) using a sample of nearly 3878 such announcements in 1176 large firms during the 1970-97 period collected from the Wall Street Journal Index. We note that, although there has been a dramatic secular increase in...
Persistent link: https://www.econbiz.de/10013224317
. Using a new methodology to account for the increased separation rates across all survey responses during a mass layoff, the …
Persistent link: https://www.econbiz.de/10012941970
This paper uses administrative data on quarterly employment and earnings matched to death records to estimate the effects of job displacement on mortality. We find that job displacement leads to a 15-20% increase in death rates during the following 20 years. If such increases were sustained...
Persistent link: https://www.econbiz.de/10012759666
Large shocks to local labor markets can cause long-lasting changes to employment, unemployment and the local labor … layoff event. By measuring the residual difference between these channels and net labor force change, we also show that labor …
Persistent link: https://www.econbiz.de/10013013928
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
which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of … unemployment are unprecedentedly long. I use data from the Displaced Workers Survey (DWS) from 1984-2010 to investigate the …
Persistent link: https://www.econbiz.de/10013125172
-displacement earnings if displaced in mass-layoff events that occur when the national unemployment rate is below 6 percent. They lose a … staggering 2.8 years of pre-displacement earnings if displaced when the unemployment rate exceeds 8 percent. These results … opportunities respond to contemporaneous economic conditions. Finally, we confront leading models of unemployment fluctuations with …
Persistent link: https://www.econbiz.de/10013067062
occupations and industries can explain a sizeable portion of the gender, race, and ethnic gaps in recent unemployment. However …
Persistent link: https://www.econbiz.de/10012834460