Do We Know Why Earnings Fall with Job Displacement? Working Paper: 2015-01

William J. Carrington

No 49908, Working Papers from Congressional Budget Office

Abstract: After being displaced from their jobs, workers experience reduced earnings for many years and are at greater risks of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including the unemployment insurance system, and have spurred calls for wage insurance that would provide longer-run earnings replacement. However, while the average size and the individual characteristics associated with the losses are relatively clear, the theory of displacement-induced earnings loss is scattered. Much of the policy

JEL-codes: I30 J30 J60 (search for similar items in EconPapers)
Date: 2015-01-29
New Economics Papers: this item is included in nep-ias, nep-lab and nep-lma
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Citations: View citations in EconPapers (5)

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