Interindustry Variation in the Costs of Job Displacement
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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- Edward C. Kokkelenberg & Donna R. Sockell, 1985. "Union Membership in the United States, 1973â€“1981," ILR Review, Cornell University, ILR School, vol. 38(4), pages 497-543, July.
- John T. Addison & Pedro Portugal, 1987. "The Effect of Advance Notification of Plant Closings on Unemployment," ILR Review, Cornell University, ILR School, vol. 41(1), pages 3-16, October.
- William J. Carrington, 1993. "Wage Losses for Displaced Workers: Is It Really the Firm That Matters?," Journal of Human Resources, University of Wisconsin Press, vol. 28(3), pages 435-462.
- Topel, Robert, 1990. "Specific capital and unemployment: Measuring the costs and consequences of job loss," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 33(1), pages 181-214, January.
- Juhn, Chinhui & Murphy, Kevin M & Pierce, Brooks, 1993. "Wage Inequality and the Rise in Returns to Skill," Journal of Political Economy, University of Chicago Press, vol. 101(3), pages 410-42, June.
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