EconPapers    
Economics at your fingertips  
 

Understanding the Reallocation of Displaced Workers to Firms

Paul Brandily (), Camille Hemet and Clément Malgouyres
Additional contact information
Paul Brandily: Paris School of Economics

No 15105, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We study job displacement in France. In the medium run, losses in firm-specific wage premium account for a substantial share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed reallocation is therefore productivity-enhancing, yet costly for workers. We show that destination firms are less likely to conclude collective wage agreements and have lower participation rates at professional elections. Overall, our results point to a loss in bargaining power.

Keywords: displaced workers; wage; reallocation; productivity; labor share (search for similar items in EconPapers)
JEL-codes: J31 J63 (search for similar items in EconPapers)
Pages: 70 pages
Date: 2022-02
New Economics Papers: this item is included in nep-bec, nep-eff, nep-eur, nep-hrm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://docs.iza.org/dp15105.pdf (application/pdf)

Related works:
Working Paper: Understanding the Reallocation of Displaced Workers to Firms (2022) Downloads
Working Paper: Understanding the Reallocation of Displaced Workers to Firms (2022) Downloads
Working Paper: Understanding the Reallocation of Displaced Workers to Firms (2022) Downloads
Working Paper: Understanding the Reallocation of Displaced Workers to Firms (2022) 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: https://EconPapers.repec.org/RePEc:iza:izadps:dp15105

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().

 
Page updated 2024-05-17
Handle: RePEc:iza:izadps:dp15105