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This paper examines the effects of job loss on workers. Using detailed administrative data from Costa Rica, we use a clustering algorithm to group workers into types based on their employment stability and job search efficiency. Our results show that job displacement leads to persistent earning...
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permanent hiring. We also find a negative association between reinstatements and real wages of 3.9 %, but placebo tests indicate … policy to increase permanent hiring and wages. …
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-specific wage premiums accounts for 40% to 95% of within-country wage declines. The use of active labor market policies predicts a …
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