We estimate the causal effect of parents' unemployment on unemployment among their children in their own adulthood. We …) identification strategy using parents' job loss during a mass layoff as the instrument. We find evidence of unemployment inheritance … in the next generation. An additional day of unemployment during childhood causally raises the average unemployment days …

We estimate the causal effect of parents' unemployment on unemployment among their children in their own adulthood. We …) identification strategy using parents' job loss during a mass layoff as the instrument. We find evidence of unemployment inheritance … in the next generation. An additional day of unemployment during childhood causally raises the average unemployment days …

We estimate the causal effect of parents' unemployment on unemployment among their children in their own adulthood. We …) identification strategy using parents' job loss during a mass layoff as the instrument. We find evidence of unemployment inheritance … in the next generation. An additional day of unemployment during childhood causally raises the average unemployment days …

We estimate the causal effect of parents' unemployment on unemployment among their children in their own adulthood. We …) identifcation strategy using parents' job loss during a mass layoff as the instrument. We find evidence of unemployment inheritance … in the next generation. An additional day of unemployment during childhood causally raises the average unemployment days …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … and physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that … health externalities due to downsizing imply non-negligible cost for firms, and that wage cuts may have similar effects. …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health …