substantial losses in employment and wage, an increase in the commuting distance and a decrease in the probability of moving home …. These patterns change over the worker's post-displacement period - the negative displacement effect on wages becomes more …

. Job displacement insurance is presumably designed to offset these losses, but evidence suggests that consumption smoothing … reemployment wage insurance could fully cover these losses, but are costly to provide. Severance pay has emerged as a supplemental …, if much criticized, instrument. Moral hazard limitations on unemployment insurance generosity mean that severance pay …

spells and (ii) reduced reemployment wages. Although full insurance requires both unemployment benefits and wage insurance …, supply difficulties limit actual-loss insurance, and separation packages typically include partial unemployment insurance and … integration of these insurance instruments in this complex planning environment. One important implication: given the structure of …

of long-service workers, and (ii) the growing formalism of the employment relationship. Reasonably consistent series are …

This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these … health shocks are quasi-randomly assigned. A fixed-effects difference-in-differences approach estimates a negative and …

of sickness by age, gender, education and employment status. Employed have a significantly better health record than the … health surveys, complemented by administrative data (morbidity rates of the employed and unemployed) and data from the …