Job Displacement and Job Mobility: The Role of Joblessness

Bruce Fallick, John Haltiwanger, Erika McEntarfer and Matthew Staiger

No 29187, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Who is harmed by and who benefits from worker reallocation? We investigate the earnings consequences of changing jobs and find a wide dispersion in outcomes. This dispersion is driven not by whether the worker was displaced, but by the duration of joblessness between job spells. Job movers who experience joblessness suffer a persistent reduction in earnings and tend to move to lower-paying firms, suggesting that job ladder models offer a useful lens through which to understand the negative consequences of job separations.

JEL-codes: E32 J3 J63 (search for similar items in EconPapers)
Date: 2021-08
New Economics Papers: this item is included in nep-isf, nep-lab and nep-mac
Note: EFG LS
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Working Paper: Job Displacement and Job Mobility: The Role of Joblessness (2021)
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