Arbeitspapier
The costs of job displacement over the business cycle and its sources: Evidence from Germany
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses and their cyclicality is driven by declines in wages. Key to these long-lasting wage declines and their cyclicality are changes in employer characteristics, as displaced workers switch to lower-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though nonemployment durations correlated with losses in employer effects play a role.
- Sprache
-
Englisch
- Erschienen in
-
Series: IAB-Discussion Paper ; No. 20/2022
- Klassifikation
-
Wirtschaft
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
- Thema
-
Establishment Wage Premia
Job Loss
Wages
Arbeitslosigkeit
Arbeitslosenversicherung
Lohnersatzleistungen
Konjunktur
Lohnstruktur
Lohnniveau
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Schmieder, Johannes
von Wachter, Till
Heining, Jörg
- Ereignis
-
Veröffentlichung
- (wer)
-
Institut für Arbeitsmarkt- und Berufsforschung (IAB)
- (wo)
-
Nürnberg
- (wann)
-
2022
- DOI
-
doi:10.48720/IAB.DP.2220
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Schmieder, Johannes
- von Wachter, Till
- Heining, Jörg
- Institut für Arbeitsmarkt- und Berufsforschung (IAB)
Entstanden
- 2022
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