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and those predicted to face a penalty compared to their pre-unemployment wage display overly optimistic wage expectations …
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Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
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We study the long-term impact of job displacement on workers' commuting behavior. Our measures of commuting exploit geo-coordinates of workers' places of residence and places of work, from which we calculate the door-to-door commuting distance and commuting time. Using German employee-employer...
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