Job Displacement and Job Mobility: The Role of Joblessness
Who is harmed by and who benefits from worker reallocation? We investigate the earnings consequences of changing jobs and find a wide dispersion in outcomes. This dispersion is driven not by whether the worker was displaced, but by the duration of joblessness between job spells. Job movers who exper...
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Published in | NBER Working Paper Series |
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Main Authors | , , , |
Format | Paper |
Language | English |
Published |
Cambridge
National Bureau of Economic Research, Inc
01.08.2021
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Subjects | |
Online Access | Get full text |
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Summary: | Who is harmed by and who benefits from worker reallocation? We investigate the earnings consequences of changing jobs and find a wide dispersion in outcomes. This dispersion is driven not by whether the worker was displaced, but by the duration of joblessness between job spells. Job movers who experience joblessness suffer a persistent reduction in earnings and tend to move to lower-paying firms, suggesting that job ladder models offer a useful lens through which to understand the negative consequences of job separations. |
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ISSN: | 0898-2937 |
DOI: | 10.3386/w29187 |