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The cost of job displacement in Italy

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  • Francesco Serti

Abstract

Administrative data from INPS (Italian Institute for Social Security) on Italian high tenure workers job-histories (15 years, from 1985 to 1999) is used to quantify the temporal pattern of the effect of displacement on workers’ earnings, employment and wages. Moreover, I distinguish different groups of displaced workers (with respect the timing of displacement and its cause) and I also propose a picture of the consequences of displacement with respect to workers’ personal and firm-related characteristics. I take into account unobserved heterogeneity by using an unobserved effects linear panel data model.

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Bibliographic Info

Paper provided by LABORatorio R. Revelli, Centre for Employment Studies in its series LABORatorio R. Revelli Working Papers Series with number 66.

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Length: 50 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:cca:wplabo:66

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Keywords: Displacements; mass-layoffs; earnings; employment; wages.;

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  1. Gibbons, R. & Katz, L.F., 1989. "Layoffs And Lemons," Working papers, Massachusetts Institute of Technology (MIT), Department of Economics 531, Massachusetts Institute of Technology (MIT), Department of Economics.
  2. Jaap H. Abbring & Gerard J. van den Berg & Pieter A. Gautier & A. Gijsbert C. van Lomwel & Jan C. van Ours & Christopher J. Ruhm, 1998. "Displaced Workers in the United States and the Netherlands," Tinbergen Institute Discussion Papers 98-084/3, Tinbergen Institute.
  3. Stevens, Ann Huff, 1997. "Persistent Effects of Job Displacement: The Importance of Multiple Job Losses," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 15(1), pages 165-88, January.
  4. Heckman, James J. & Lalonde, Robert J. & Smith, Jeffrey A., 1999. "The economics and econometrics of active labor market programs," Handbook of Labor Economics, Elsevier, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 31, pages 1865-2097 Elsevier.
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