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Risk Shifting, Unemployment Insurance, and Layoffs
Grossman, Herschel I. - 1980
analysis focuses on the interaction between contractual arrangements for shifting risk from workers to employers and tax …-financed unemployment insurance. The key element in the analysis is that unemployment insurance is more attractive than risk shifting as a … way for workers to obtain income during unemployment. The paper also analyses the effects of risk shifting and …
Persistent link: https://www.econbiz.de/10012478721
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Job Loss, Job Finding, and Unemployment in the U.S. Economy Over the Past Fifty Years
Hall, Robert E. - 2005
New data compel a new view of events in the labor market during a recession. Unemployment rises almost entirely because jobs become harder to find. Recessions involve little increase in the flow of workers out of jobs. Another important finding from new data is that a large fraction of workers...
Persistent link: https://www.econbiz.de/10012466998
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Job Loss in the United States, 1981-2001
Farber, Henry - 2003
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
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The Changing Face of Job Loss in the United States, 1981-1993
Farber, Henry S. - 1996
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
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Job Security and Work Force Adjustment : How Different are U.S. and Japanese Practices?
Abraham, Katharine G. - 1989
This paper compares employment and hours adjustment in Japanese and U.S. manufacturing. In contrast to some previous work, we find that adjustment of total labor input to demand changes is significantly greater in the United States than in Japan; adjustment of employment is significantly greater...
Persistent link: https://www.econbiz.de/10012475886
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Job Loss in the Great Recession and its Aftermath : U.S. Evidence from the Displaced Workers Survey
Farber, Henry S. - 2015
The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which, by some measures, it has not completely recovered. I use data from the Displaced Workers Survey (DWS) from 1984-2014 to investigate the incidence and consequences of job...
Persistent link: https://www.econbiz.de/10012457451
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Temporary Layoffs, Loss-of-Recall and Cyclical Unemployment Dynamics
Gertler, Mark; Huckfeldt, Christopher K.; Trigari, Antonella - National Bureau of Economic Research - 2022
We revisit the role of temporary layoffs in the business cycle, motivated by their unprecedented surge during the pandemic recession. We first measure the contribution of temporary layoffs to unemployment dynamics over the period 1979 to the present. While many have emphasized a stabilizing...
Persistent link: https://www.econbiz.de/10013334353
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Firms with Benefits? Nonwage Compensation and Implications for Firms and Labor Markets
Ouimet, Paige; Tate, Geoffrey - National Bureau of Economic Research - 2023
Using administrative data on health insurance, retirement, and leave benefits, we find within-firm variation accounts 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...
Persistent link: https://www.econbiz.de/10014322850
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Sticky Wages on the Layoff Margin
Davis, Steven J.; Krolikowski, Pawel - National Bureau of Economic Research - 2023
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs, and one third would accept a 25 percent cut....
Persistent link: https://www.econbiz.de/10014337762
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Understanding the Economic Impact of COVID-19 on Women
Goldin, Claudia - National Bureau of Economic Research - 2022
The impact of the pandemic on the employment, labor supply, and caregiving of women is assessed. Compared with previous recessions, that induced by COVID-19 impacted women's employment and labor force participation more relative to men. But the big divide was less between men and women than it...
Persistent link: https://www.econbiz.de/10013191069