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for a dramatically lower percentage of total variation in benefits than in wages. We also document sharply higher between …-firm variation in nonwage benefits than in wages. We argue that this pattern can be a consequence of nondiscrimination regulations … labor markets positively predicts their colleagues' benefits, controlling for occupation, wages, state, and industry. We …
Persistent link: https://www.econbiz.de/10014322850
We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and...
Persistent link: https://www.econbiz.de/10012938696
This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white...
Persistent link: https://www.econbiz.de/10012467198
the postdisplacement wages of otherwise observationally equivalent workers will be higher for those displaced by plant … Current Population Surveys. We find that the evidence (with respect to both re-employment wages and postdisplacement …
Persistent link: https://www.econbiz.de/10012476080
This paper provides a new econometric specification and new evidence on the impact of 401(k) plans on household wealth. We allow the impact of 401(k)s to vary over both time and earnings groups. Our specification--motivated by a variety of theoretical considerations and data...
Persistent link: https://www.econbiz.de/10012470698
relationship between pensions and wages controlling for variations in the size of the compensating differential related to firm …
Persistent link: https://www.econbiz.de/10012474995
This paper examines whether a tradeoff exists between the level of pension benefits and wages for comparably skilled …
Persistent link: https://www.econbiz.de/10012475569
property by invoking a new form of sticky wages or by introducing information and other frictions into the employment …
Persistent link: https://www.econbiz.de/10012466998
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/10012468991
I examine changes in the incidence and consequences of job loss by reported cause between 1981 and 1993 using data from Displaced Workers Surveys (DWS), conducted as part of the Current Population Survey (CPS) in even years since 1984. The overall rate of job loss is up somewhat in the 1990s....
Persistent link: https://www.econbiz.de/10012473252