Industry shutdown rates and permanent layoffs: Evidence from firm-worker matched data

Artikel

Firm shutdown creates a turbulent situation for workers as it leads directly to layoffs for its workers. An additional consideration is whether a firm's shutdown within an industry creates turbulence for workers at other continuing firms. Using data drawn from the Longitudinal Worker File, a Canadian firm-worker matched employment database, we investigate the impact of industry shutdown rates on workers at continuing firm. This paper exploits variation in shutdown rates across industries and within an industry over time to explain the rate of permanent layoffs and the growth of workers' earnings. We find an increase in industry shutdown rates increases the probability of permanent layoffs and decreases earnings growth for workers at continuing firms.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: IZA Journal of Labor Economics ; ISSN: 2193-8997 ; Volume: 6 ; Year: 2017 ; Issue: 7 ; Pages: 1-31 ; Heidelberg: Springer

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wage Level and Structure; Wage Differentials ; Labor Turnover; Vacancies; Layoffs ; Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
• Thema: Worker separation ; Firm survival ; Selection

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Huynh, Kim P. ; Ostrovsky, Yuri ; Petrunia, Robert J. ; Voia, Marcel C.
• Ereignis: Veröffentlichung
• (wer): Springer
• (wo): Heidelberg
• (wann): 2017

Weitere Informationen

• DOI: doi:10.1186/s40172-017-0057-0
• Handle: http://hdl.handle.net/10419/195041
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ