Economics at your fingertips  

Worker displacement during the transition: Experience from Slovenia

Peter Orazem (), Milan Vodopivec () and Ruth Wu

The Economics of Transition, 2005, vol. 13, issue 2, 311-340

Abstract: The Slovenian transition created labor displacements that were bigger than those experienced in North America in the 1980s. In Slovenia, probability of both layoffs and quits fell with worker tenure, firm profitability and expected severance costs. Individuals facing a higher probability of displacement accepted slower wage growth than otherwise comparable workers. The incentives to avoid displacement were strong - workers that actually were displaced faced a slow process of transiting out of unemployment with only one-third finding re-employment. Correcting for selection, real wage losses for displaced workers are comparable to those reported for displaced workers in North America. Copyright (c) 2005 The European Bank for Reconstruction and Development.

Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (13) Track citations by RSS feed

Downloads: (external link) ... &year=2005&part=null link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Worker Displacement During The Transition: Experience From Slovenia (2004) Downloads
Working Paper: Worker Displacement during the Transition: Experience from Slovenia (2004) Downloads
Working Paper: Worker displacement during the transition: experience from Slovenia (1995) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0967-0750

Access Statistics for this article

The Economics of Transition is currently edited by Philippe Aghion and Wendy Carlin

More articles in The Economics of Transition from The European Bank for Reconstruction and Development Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2019-11-05
Handle: RePEc:bla:etrans:v:13:y:2005:i:2:p:311-340