The decline of job security in the 1990s: displacement, anxiety, and their effect on wage growth

Daniel Aaronson and Daniel Sullivan

Economic Perspectives, 1998, vol. 22, issue Q I, 17-43

Abstract: This article shows that job displacement rates for high-seniority workers and a consistently constructed measure of workers' fears of job loss both rose during the 1990s. It then explores the relationship between these measures of job displacement and worker anxiety and wage growth.

Keywords: Job security; Downsizing of organizations; Wages (search for similar items in EconPapers)
Date: 1998
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