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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30162 |
来源ID | Working Paper 30162 |
The Costs of Job Displacement over the Business Cycle and Its Sources: Evidence from Germany | |
Johannes F. Schmieder; Till M. von Wachter; Jörg Heining | |
发表日期 | 2022-06-20 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses and their cyclicality is driven by declines in wages. Key to these long-lasting wage declines and their cyclicality are changes in employer characteristics, as displaced workers switch to lower-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment durations correlated with losses in employer effects play a role. |
主题 | Labor Economics ; Labor Compensation ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w30162 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587836 |
推荐引用方式 GB/T 7714 | Johannes F. Schmieder,Till M. von Wachter,Jörg Heining. The Costs of Job Displacement over the Business Cycle and Its Sources: Evidence from Germany. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w30162.pdf(813KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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