Early Retirement Provision for Elderly Displaced Workers
In: JPUBE-D-23-00665
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In: JPUBE-D-23-00665
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In: CEPR Discussion Paper No. DP17071
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In: IZA Discussion Paper No. 15105
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In: Contemporary economic policy: a journal of Western Economic Association International, Band 41, Heft 3, S. 555-567
ISSN: 1465-7287
AbstractWe utilize data from the 1979 National Longitudinal Survey of Youth and the Bureau of Labor Statistics to study how the earnings losses experienced by displaced workers vary in times of economic crisis. Relative to an economy that operates at full potential, our results show that a 1% increase in the real gross domestic product gap observed at the time of displacement is associated with an additional increase in the estimated earnings losses experienced by displaced workers of approximately 4.3% in the year immediately following displacement, and with similar increases in the estimated losses for up to 5 years after.
In: The B.E. journal of economic analysis & policy, Band 10, Heft 1
ISSN: 1935-1682
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I use the Displaced Worker Survey and bilateral trade data to assess the impact of import competition from low-wage countries on displaced workers' unemployment duration and re-employment wages. While low-wage imports have almost no effect on unemployment duration for workers displaced from an industry with the average length of the quality ladder, I find that a ten percentage point increase in low-wage imports leads to a 5.6 week longer jobless spell duration for workers displaced from an industry with a short quality ladder. Similarly, a ten percentage point increase in low-wage imports leads to a 7.2 percent decline in re-employment wages for workers displaced from an average ladder industry, but it leads to an 11.3 percent decline in re-employment wages for workers displaced from a short ladder industry. I show evidence that greater low-wage imports raise the likelihood of sectoral relocation upon re-employment, leading to loss of sector specific human capital.
In: American economic review, Band 110, Heft 10, S. 3231-3266
ISSN: 1944-7981
We estimate the magnitudes of reduced earnings, work hours, and wage rates of workers displaced during the Great Recession using linked employer-employee panel data from Washington state. Displaced workers' earnings losses occurred mainly because hourly wage rates dropped at the time of displacement and recovered sluggishly. Lost employer-specific premiums explain only 17 percent of these losses. Fully 70 percent of displaced workers moved to employers paying the same or higher wage premiums than the displacing employers, but these workers nevertheless suffered substantial wage rate losses. Loss of valuable specific worker-employer matches explains more than one-half of the wage losses. (JEL E32, J22, J31, J63, R23)
In: Journal of employment counseling, Band 29, Heft 1, S. 30-41
ISSN: 2161-1920
In this study 21 displaced workers were interviewed regarding factors affecting their participation in training programs funded by the Job Training Partnership Act. Differences between program participants and nonparticipants, differences among program participants, and differences among nonparticipants were identified.
In: Contemporary economic policy: a journal of Western Economic Association International, Band 19, Heft 1, S. 59-72
ISSN: 1465-7287
The federal Trade Adjustment Assistance (TAA) program was designed to aid workers who have lost their jobs because of increased import competition. Linear earnings functions provide little evidence that the TAA program increases the subsequent wages of its participants over comparable unemployment insurance (UI) exhaustees. However, adjusting for time spent training, TAA trainees were employed more than comparable nontrainees.
In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 52, S. 129-136
ISSN: 0167-2231
In: Journal of labor economics: JOLE, Band 13, Heft 4, S. 653-677
ISSN: 1537-5307
In: Carnegie Rochester conference series on public policy: a bi-annual conference proceedings, Band 52, S. 87-128
ISSN: 0167-2231
In: Cato policy report: publ. bimonthly by the Cato Institute, Band 9, S. 6-8
ISSN: 0743-605X
In: NBER Working Paper No. w24217
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In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 52, S. 87-128
ISSN: 0167-2231
In: Journal of employment counseling, Band 33, Heft 4, S. 146-154
ISSN: 2161-1920
The Employment Support Network, described in this article, was designed by the Department of Human Resources for use with displaced workers. As our clients move into and maneuver in the new economy the familiar job search model has changed. An important emphasis now is on renewing hope and building confidence in the client.