Lasting or latent scars? Swedish evidence on the long-term effects of job displacement

• 成果类型: Article
• 署名作者: Eliason, Marcus; Storrie, Donald
• 署名单位: University of Gothenburg; University of Gothenburg
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/506487
• 发表日期: 2006
• 页码: 831-856
• 关键词: earnings; GROWTH

摘要

Recently improved Swedish register data have made it possible to remedy many weaknesses of previous research on displaced workers. Using linked employer-employee data, we identify all workers displaced in 1987, due to an establishment closure, and follow them over both a predisplacement period of 4 years and a postdisplacement period stretching until 1999. We find that the displaced workers suffer both earnings losses and worsened labor-market position not only during a transitory period of adjustment but also in the longer run. These longer-run effects seem to be driven by an increased sensitivity to subsequent macroeconomic shocks.