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The Unequal Consequences of Job Loss across Countries

Antoine Bertheau, Edoardo Maria Acabbi, Cristina Barceló (), Andreas Gulyas, Stefano Lombardi and Raffaele Saggio

No 29727, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We document the consequences of losing a job across countries using a harmonized research design applied to seven matched employer-employee datasets. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and Austrian workers face earnings losses somewhere in between. Key to these differences is that Southern European workers are less likely to find employment following displacement. Loss of employer-specific wage premiums explains a substantial portion of wage losses in all countries.

JEL-codes: J01 J18 J23 J31 (search for similar items in EconPapers)
Date: 2022-02
Note: LS
References: Add references at CitEc
Citations: View citations in EconPapers (17)

Published as Antoine Bertheau & Edoardo Maria Acabbi & Cristina Barceló & Andreas Gulyas & Stefano Lombardi & Raffaele Saggio, 2023. "The Unequal Consequences of Job Loss across Countries," American Economic Review: Insights, vol 5(3), pages 393-408.

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