Geographic Mobility and the Costs of Job Loss
Nicholas Jolly
The B.E. Journal of Economic Analysis & Policy, 2015, vol. 15, issue 4, 1793-1829
Abstract:
This paper uses data from the 1968 through 1997 survey waves of the Panel Study of Income Dynamics to analyze how the long-term costs of job loss vary by a worker’s post-displacement migration status. Results from the analysis show that those individuals who move within the first 2 years after a job loss experience lower earnings losses, lower reductions in hours worked, and smaller increases in time unemployed when compared to a group of displaced workers who are not geographically mobile during the early years following this life event. Workers who move within the first 2 years after displacement face a lower probability of homeownership when compared to their non-mobile counterparts. However, this lower probability is short-lived.
Keywords: job displacement; geographic mobility; costs of job loss (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (6)
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DOI: 10.1515/bejeap-2014-0131
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