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I examine the extent to which workers who lose jobs find work in alternative employment arrangements including temporary work and independent contracting and find part-time work, both voluntary and involuntary. The analysis is based on data from the Displaced Worker Supplements (DWS) and the...
Persistent link: https://www.econbiz.de/10012471798
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
Existing research has shown that job displacement leads to large and persistent earnings losses for men, but evidence for women is scarce. Using administrative data from Germany, we apply an event study design in combination with propensity score matching and a reweighting technique to directly...
Persistent link: https://www.econbiz.de/10012629471
This paper develops a framework for analyzing unemployment in terms of …distribution of the inflow Into unemployment are the primary determinant of …drive the recession. In contrast to normal unemployment, cyclical unemployment …
Persistent link: https://www.econbiz.de/10012477074
of unemployment spell durations. A job search model that allows for recalls is shown to lead naturally to a competing … risks specification of the distribution of layoff unemployment spell durations in which recall and the taking of a new job … are alternate routes for leaving unemployment. A large sample of individual layoff unemployment spell observations derived …
Persistent link: https://www.econbiz.de/10012477252
This study defines the nature of worker displacement and develops a mechanism for inferring the amount of losses caused by displacement in away that is tied to economic theory. Data from the Panel Study of Income Dynamics are first used to identify the characteristics of displaced workers. After...
Persistent link: https://www.econbiz.de/10012477591
-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 … unemployment insurance on the magnitude of employment fluctuations. The analysis implies that, given the existence of unemployment …
Persistent link: https://www.econbiz.de/10012478721
dynamics in the tradition of Mortensen and Pissarides (1994). Our estimates discern 5 distinct types. Most unemployment comes … from just two of those types. Low employment types frequently circle among unemployment, short-term jobs, and being out of … the labor market. Short-term jobs play a role in the job-finding process related to the role of unemployment. These are …
Persistent link: https://www.econbiz.de/10012479577
Nominal stock prices are arbitrary. Therefore, when evaluating how a piece of news should affect the price of a stock, rational investors should think in percentage rather than dollar terms. However, dollar price changes are ubiquitously reported and discussed. This may both cause and reflect a...
Persistent link: https://www.econbiz.de/10012479702
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/10012481715