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?:abstract
  • We consider the measurement of the cost of job displacement. With a Canadian panel survey we compare the consumption growth of households that experienced a permanent layoff to a control group of households that experienced a temporary layoff with known recall date. Because the firms employing the latter group are providing insurance, these workers approximate a benchmark of full insurance against job loss shocks. We estimate that permanent layoffs experience an average consumption loss of between 4% and 10%. Older workers and workers with high job tenure have losses closer to the top of this range. (xsd:string)
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?:dateModified
  • 2008 (xsd:gyear)
?:datePublished
  • 2008 (xsd:gyear)
?:doi
  • 10.1016/j.jeconom.2008.05.005 ()
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  • true (xsd:boolean)
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  • en (xsd:string)
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  • 1-2 (xsd:string)
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?:name
  • The long-run cost of job loss as measured by consumption changes (xsd:string)
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  • Zeitschriftenartikel (xsd:string)
  • journal_article (en)
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  • GESIS-SSOAR (xsd:string)
  • In: Journal of Econometrics, 145, 2008, 1-2, 109-120 (xsd:string)
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?:urn
  • urn:nbn:de:0168-ssoar-131845 ()
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  • 145 (xsd:string)