Why Do Earnings Fall with Job Displacement?

Why Do Earnings Fall with Job Displacement? PDF Author: William J. Carrington
Publisher:
ISBN: 9781457856242
Category :
Languages : en
Pages : 53

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Book Description
The earnings of workers are reduced for many years after being displaced from their jobs, and those workers and their families face increased risk of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including the unemployment insurance system, and have spurred calls for wage insurance that would provide longer-run earnings replacement. However, while the magnitude of the losses is relatively clear, the theory of why displacement matters is scattered and somewhat undeveloped. Much of the policy discussion appears to interpret displacement-induced losses through the lens of specific human capital theory, and there is considerable empirical support for that model. But there are several other theories of why job displacement is costly. This study reviews theories of costly job displacement and discusses their consistency with the available empirical evidence. Figure. This is a print on demand report.

Why Do Earnings Fall with Job Displacement?

Why Do Earnings Fall with Job Displacement? PDF Author: William J. Carrington
Publisher:
ISBN: 9781457856242
Category :
Languages : en
Pages : 53

Get Book Here

Book Description
The earnings of workers are reduced for many years after being displaced from their jobs, and those workers and their families face increased risk of other problems as well. The ills suffered by displaced workers motivated several recent expansions of government programs, including the unemployment insurance system, and have spurred calls for wage insurance that would provide longer-run earnings replacement. However, while the magnitude of the losses is relatively clear, the theory of why displacement matters is scattered and somewhat undeveloped. Much of the policy discussion appears to interpret displacement-induced losses through the lens of specific human capital theory, and there is considerable empirical support for that model. But there are several other theories of why job displacement is costly. This study reviews theories of costly job displacement and discusses their consistency with the available empirical evidence. Figure. This is a print on demand report.

Job Loss from Imports

Job Loss from Imports PDF Author: Lori G. Kletzer
Publisher: Peterson Institute
ISBN: 9780881322965
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
In this study of the medium-term effects of trade displacement on American workers, Kletzer uses worker-level data from the US Displaced Worker Surveys to examine the pattern of reemployment following trade-related job loss. She also analyzes regional and local labor market variations, and concludes by exploring the implications of her findings for US policy on linking the labor market and international trade.

Technology and Structural Unemployment

Technology and Structural Unemployment PDF Author:
Publisher: DIANE Publishing
ISBN: 1428923225
Category : Employees
Languages : en
Pages : 425

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Book Description


A Guide to Worker Displacement

A Guide to Worker Displacement PDF Author: Gary B. Hansen
Publisher: International Labour Organisation
ISBN: 9789221221036
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
This guide is an update To The 2001 Guide to worker displacement that was published as a response To The Asian financial crisis. The Guide, drawing on experience primarily in North America and during the transition process in Central and Eastern Europe, explores how enterprises, communities and workers can respond To The financial crisis and how to reduce potential job losses. This includes possible strategies for averting layoffs and promoting business retention by communities, enterprise managements and workers' association. The guide is primarily for use in industrialized and transition countries, and is aimed at policy makers, employers and workers in developing appropriate responses that promote worker retention and employment during the recession.

OECD Employment Outlook 2013

OECD Employment Outlook 2013 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264201297
Category :
Languages : en
Pages : 270

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Book Description
The OECD Employment Outlook 2013 looks at labour markets in the wake of the crisis. It also includes chapters employment protection legislation; benefit systems, employment and training programmes and re-employment earnings and skills afer job loss.

The Economic and Fiscal Consequences of Immigration

The Economic and Fiscal Consequences of Immigration PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309444454
Category : Social Science
Languages : en
Pages : 643

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Book Description
The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

The Impact of International Trade on Wages

The Impact of International Trade on Wages PDF Author: Robert C. Feenstra
Publisher: University of Chicago Press
ISBN: 0226239640
Category : Political Science
Languages : en
Pages : 420

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Book Description
Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.

Terror as a Bargaining Instrument

Terror as a Bargaining Instrument PDF Author: Francis Bloch
Publisher: World Bank Publications
ISBN:
Category : Benef Children
Languages : en
Pages : 36

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Book Description
Some aspects of violent behavior are linked to economic incentives. In India, domestic violence is used as a bargaining instrument, to extract larger dowries from a wife's family after the marriage has taken place.

The Case for Wage Insurance

The Case for Wage Insurance PDF Author: Robert John LaLonde
Publisher: Council on Foreign Relations Press
ISBN: 0876094051
Category : Business & Economics
Languages : en
Pages : 39

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Book Description
"The openness of the United States to trade and technological innovation, as well as the flexibility of its labor market, has fueled impressive growth. In such an economy, workers are routinely displaced. Most find new jobs in a reasonable amount of time. But for workers with a long tenure at their previous employer, these new jobs often pay wages much lower than those they earned before. For this group, displacement is much more than a temporary setback. In The Case for Wage Insurance, Robert J. LaLonde recommends rethinking traditional trade adjustment assistance to address this problem. He argues that existing programs, including retraining and unemployment insurance, do too little to help displaced workers whose new jobs pay substantially less than their old ones. Unemployment insurance, for example, makes up for lost income during unemployment but not for reduced income after reemployment. To fill this gap, Professor LaLonde proposes to shift resources from existing programs to a displacement insurance plan--effectively, a generous earnings supplement for a number of years--for workers facing a long-term reduction in wages. Ultimately, well-designed displacement insurance could ease long-tenured workers' fears of job and income loss, thereby diminishing opposition to free trade and other policies perceived as at fault. In this way, it could help Americans continue to enjoy the benefits of trade and openness, and help the United States maintain its competitiveness and leadership in the global economy."--Provided by publisher.

When Work Disappears

When Work Disappears PDF Author: William Julius Wilson
Publisher: Vintage
ISBN: 0307794695
Category : Social Science
Languages : en
Pages : 353

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Book Description
Wilson, one of our foremost authorities on race and poverty, challenges decades of liberal and conservative pieties to look squarely at the devastating effects that joblessness has had on our urban ghettos. Marshaling a vast array of data and the personal stories of hundreds of men and women, Wilson persuasively argues that problems endemic to America's inner cities--from fatherless households to drugs and violent crime--stem directly from the disappearance of blue-collar jobs in the wake of a globalized economy. Wilson's achievement is to portray this crisis as one that affects all Americans, and to propose solutions whose benefits would be felt across our society. At a time when welfare is ending and our country's racial dialectic is more strained than ever, When Work Disappears is a sane, courageous, and desperately important work. "Wilson is the keenest liberal analyst of the most perplexing of all American problems...[This book is] more ambitious and more accessible than anything he has done before." --The New Yorker