Did Timing Matter? Life Cycle Differences in Effects of Exposure to the Great Recession

• 成果类型: Article; Early Access
• 署名作者: Rinz, Kevin
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/716346
• 发表日期: 2022
• 关键词: labor-market; mobility; careers; entry

摘要

I estimate the effects of exposure to the Great Recession on employment and earnings for groups defined by year of birth over the 10 years following the beginning of the recession. Younger workers experience the largest earnings losses in percentage terms (up to 13%), in part because they remain less likely to work for high-paying employers even as their overall employment recovers more quickly than that of older workers.