The cost of job displacement in Italy

Francesco Serti

No 66, LABORatorio R. Revelli Working Papers Series from LABORatorio R. Revelli, Centre for Employment Studies

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.

Keywords: Displacements; mass-layoffs; earnings; employment; wages. (search for similar items in EconPapers)
JEL-codes: J65 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2007
New Economics Papers: this item is included in nep-lab
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