Is Unemployment Really Scarring? Effects of Unemployment Experiences on Wages
Joblessness leaves permanent scars on individuals. They not only lose income during periods of joblessness they are also further scarred by these experiences when they find employment. A spell of unemployment is found to carry a wage penalty of about 6% on re-entry in Britain, and after three years, they are earning 14% less compared to what they would have received in the absence of unemployment. The scars are also carried into their second employment spell. The first spell of joblessness is found to cause the most damage. Redundancy seems to be less stigmatising.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 111 (2001)
Issue (Month): 475 (November)
|Contact details of provider:|| Postal: |
Phone: +44 1334 462479
Web page: http://www.res.org.uk/
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishers.co.uk/asp/journal.asp?ref=0013-0133|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Joseph G. Altonji & Nicolas Williams, 1997.
"Do Wages Rise with Job Seniority? A Reassessment,"
NBER Working Papers
6010, National Bureau of Economic Research, Inc.
- Abraham, Katharine G & Farber, Henry S, 1987.
"Job Duration, Seniority, and Earnings,"
American Economic Review,
American Economic Association, vol. 77(3), pages 278-97, June.
- Katharine G. Abraham & Henry S. Farber, 1986. "Job Duration, Seniority and Earnings," Working papers 407, Massachusetts Institute of Technology (MIT), Department of Economics.
- Katharine G. Abraham & Henry S. Farber, 1986. "Job Duration, Seniority, and Earnings," NBER Working Papers 1819, National Bureau of Economic Research, Inc.
- Christian Dustmann & Costas Meghir, 2001.
"Wages, experience and seniority,"
IFS Working Papers
W01/01, Institute for Fiscal Studies.
- Boheim, Rene & Taylor, Mark P., 2002.
"The search for success: do the unemployed find stable employment?,"
Elsevier, vol. 9(6), pages 717-735, December.
- BÃ¶heim, RenÃ© & Taylor, Mark P., 2000. "The search for success: do the unemployed find stable employment?," ISER Working Paper Series 2000-05, Institute for Social and Economic Research.
- Altonji, Joseph G & Shakotko, Robert A, 1987.
"Do Wages Rise with Job Seniority?,"
Review of Economic Studies,
Wiley Blackwell, vol. 54(3), pages 437-59, July.
- Joseph G. Altonji & Robert A. Shakotko, 1985. "Do Wages Rise With Job Seniority?," NBER Working Papers 1616, National Bureau of Economic Research, Inc.
- Joseph Altonji & R. Shakotko, 1985. "Do Wages Rise with Job Seniority?," Working Papers 567, Princeton University, Department of Economics, Industrial Relations Section..
- Gregg, Paul & Wadsworth, Jonathan, 2000. "Mind the Gap, Please: The Changing Nature of Entry Jobs in Britain," Economica, London School of Economics and Political Science, vol. 67(268), pages 499-524, November.
- Narendranathan, Wiji & Elias, Peter, 1993.
"Influences of Past History on the Incidence of Youth Unemployment: Empirical Findings for the UK,"
Oxford Bulletin of Economics and Statistics,
Department of Economics, University of Oxford, vol. 55(2), pages 161-85, May.
- Narendranathan, W. & Elias, P., 1990. "Influences of Past History on the Incidence of Youth Unemployment: Empirical Finding for the U.K," The Warwick Economics Research Paper Series (TWERPS) 369, University of Warwick, Department of Economics.
- Stevens, Ann Huff, 1997. "Persistent Effects of Job Displacement: The Importance of Multiple Job Losses," Journal of Labor Economics, University of Chicago Press, vol. 15(1), pages 165-88, January.
- Stephen Nickell & Tracy Jones & Glenda Quintini, 2000.
"A picture of job insecurity facing British men,"
LSE Research Online Documents on Economics
20141, London School of Economics and Political Science, LSE Library.
- Topel, Robert H, 1991.
"Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority,"
Journal of Political Economy,
University of Chicago Press, vol. 99(1), pages 145-76, February.
- Robert H. Topel, 1990. "Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority," NBER Working Papers 3294, National Bureau of Economic Research, Inc.
- Pissarides, Christopher A, 1992. "Loss of Skill during Unemployment and the Persistence of Employment Shocks," The Quarterly Journal of Economics, MIT Press, vol. 107(4), pages 1371-91, November.
- Bruce C. Fallick, 1996.
"A review of the recent empirical literature on displaced workers,"
Industrial and Labor Relations Review,
ILR Review, Cornell University, ILR School, vol. 50(1), pages 5-16, October.
- Bruce C. Fallick, 1995. "A review of the recent empirical literature on displaced workers," Finance and Economics Discussion Series 95-14, Board of Governors of the Federal Reserve System (U.S.).
- Lori G. Kletzer, 1998. "Job Displacement," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 115-136, Winter.
- Dolton, Peter & O'Neill, Donal, 1996. "Unemployment Duration and the Restart Effect: Some Experimental Evidence," Economic Journal, Royal Economic Society, vol. 106(435), pages 387-400, March.
- Arulampalam, Wiji & Booth, Alison L & Taylor, Mark P, 2000. "Unemployment Persistence," Oxford Economic Papers, Oxford University Press, vol. 52(1), pages 24-50, January.
- Lockwood, Ben, 1991. "Information Externalities in the Labour Market and the Duration of Unemployment," Review of Economic Studies, Wiley Blackwell, vol. 58(4), pages 733-53, July.
- Mark B. Stewart, 2002. "The Inter-related Dynamics of Unemployment and Low Pay," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 B2-4, International Conferences on Panel Data.
- Louis S. Jacobson & Robert J. LaLonde & Daniel G. Sullivan, 1992.
"Earnings losses of displaced workers,"
Working Paper Series, Macroeconomic Issues
92-28, Federal Reserve Bank of Chicago.
- Paull, G, 1997. "Dynamic Labour Market Behaviour in the British Household Panel Survey : The Effects of Recall Bias and Panel Attrition," Papers 10, Centre for Economic Performance & Institute of Economics.
When requesting a correction, please mention this item's handle: RePEc:ecj:econjl:v:111:y:2001:i:475:p:f585-606. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.