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The cost of job loss
Burdett, Kenneth; Carrillo-Tudela, Carlos; Coles, … - 2015
In this paper we develop and quantitatively assess a tractable equilibrium search model of the labour market to analyse the long-term wage costs of a job loss. In our framework, these costs occur due to losses in workers' human capital and firm specific compensation, interruptions to workers'...
Persistent link: https://www.econbiz.de/10010530652
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Reconsidering the Cost of Job Loss : Evidence from Redundancies and Mass Layoffs
Cederlöf, Jonas - 2021
This paper studies the consequences of job loss for workers, and explores differences in the cost of displacement using … exploit discontinuities in the likelihood of displacement generated by a last-in-first-out (LIFO) rule used at layoffs in … displacement …
Persistent link: https://www.econbiz.de/10013215593
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Job displacement costs of phasing out coal
Rud, Juan Pablo; Simmons, Michael; Toews, Gerhard; … - 2022
The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal …, amounting to present discounted value earnings losses of between four and six times the miners pre-displacement earnings. …
Persistent link: https://www.econbiz.de/10014480458
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Job displacement costs of phasing out coal
Rud, Juan Pablo; Simmons, Michael; Toews, Gerhard; … - 2022
The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal …, amounting to present discounted value earnings losses of between four and six times the miners pre-displacement earnings. …
Persistent link: https://www.econbiz.de/10013464971
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How local are labor markets? Evidence from a spatial job search model
Manning, Alan; Petrongolo, Barbara - 2011
This paper uses data on very small UK geographies to investigate the effective size of local labor markets. Our approach treats geographic space as continuous, as opposed to a collection of non-overlapping administrative units, thus avoiding problems of mismeasurement of local labor markets...
Persistent link: https://www.econbiz.de/10010282385
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Job search, human capital and wage inequality
Carrillo-Tudela, Carlos - 2012
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10010289362
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Job search, human capital and wage inequality
Carrillo-Tudela, Carlos - 2012
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10010290001
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How local are labor markets? : evidence from a spatial job search model
Manning, Alan; Petrongolo, Barbara - 2011
This paper uses data on very small UK geographies to investigate the effective size of local labor markets. Our approach treats geographic space as continuous, as opposed to a collection of non-overlapping administrative units, thus avoiding problems of mismeasurement of local labor markets...
Persistent link: https://www.econbiz.de/10009523536
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Job search, human capital and wage inequality
Carrillo-Tudela, Carlos - 2012
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10009659316
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Job search, human capital and wage inequality
Carrillo-Tudela, Carlos - 2012
This paper constructs and quantitatively assesses an equilibrium search model with on-the- job search and general human capital accumulation. In the model workers differ in their innate abilities and firms in their productivities. Wages are dispersed because of search frictions and workers'...
Persistent link: https://www.econbiz.de/10009661663