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Interindustry Variation in the Costs of Job Displacement

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Author Info
Carrington, William J
Zaman, Asad

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Abstract

Job displacement entails a substantial wage reduction for most displaced workers. The authors show that the mean reduction, the tenure profile of reductions, and the experience profile of reductions all vary substantially across industries. They then link this interindustry variation to analogous variation in firm size, unionization, wage levels, and the incidence of employer-provided training. While these industry characteristics explain some of the interindustry variation in mean wage reductions, they do not explain variation in the tenure or experience profiles of wage reductions. Copyright 1994 by University of Chicago Press.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 12 (1994)
Issue (Month): 2 (April)
Pages: 243-75
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Handle: RePEc:ucp:jlabec:v:12:y:1994:i:2:p:243-75

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  1. Kletzer, Lori G, 1998. "Job Displacement," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 115-36, Winter. [Downloadable!] (restricted)
  2. Robert F. Schoeni & Michael Dardia, 1997. "Earnings Losses of Displaced Workers in the 1990s," JCPR Working Papers 8, Northwestern University/University of Chicago Joint Center for Poverty Research.
  3. Dan A. Black & Terra G. McKinnish & Seth G.Sanders, 2000. "Are We Understating the Impact of Economic Conditions on Welfare Rolls?," Center for Policy Research Policy Briefs 18, Center for Policy Research, Maxwell School, Syracuse University. [Downloadable!]
    Other versions:
  4. Dan Rickman, 1998. "The causes of regional variation in U.S. poverty: A cross-county analysis," ERSA conference papers ersa98p13, European Regional Science Association. [Downloadable!]
  5. Arnaud Lefranc, 2003. "Labor Market Dynamics and Wage Losses of Displaced Workers in France and the United States," William Davidson Institute Working Papers Series 2003-614, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    Other versions:
  6. Julie L. Hotchkiss & M. Melinda Pitts & John C. Robertson, 2004. "Wage gains among job changers across the business cycle:> insight from state administrative data," Working Paper 2004-19, Federal Reserve Bank of Atlanta. [Downloadable!]
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