Arbeitspapier
The Unequal Cost of Job Loss across Countries
We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and Austrian workers face earnings losses somewhere in-between. Key to these differences is that Southern European workers are less likely to find employment following displacement. Loss of employer-specific wage premiums accounts for 40% to 95% of within-country wage declines. The use of active labor market policies predicts a significant portion of the cross-country heterogeneity in earnings losses.
- Language
-
Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 15033
- Classification
-
Wirtschaft
Wages, Compensation, and Labor Costs: General
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
- Subject
-
job loss costs
wage dynamics
labor turnover
layoffs
labor market institutions
cross-country matched employer–employee dataset
- Event
-
Geistige Schöpfung
- (who)
-
Bertheau, Antoine
Acabbi, Edoardo
Barcelo, Cristina
Gulyas, Andreas
Lombardi, Stefano
Saggio, Raffaele
- Event
-
Veröffentlichung
- (who)
-
Institute of Labor Economics (IZA)
- (where)
-
Bonn
- (when)
-
2022
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bertheau, Antoine
- Acabbi, Edoardo
- Barcelo, Cristina
- Gulyas, Andreas
- Lombardi, Stefano
- Saggio, Raffaele
- Institute of Labor Economics (IZA)
Time of origin
- 2022
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The long-run cost of job loss as measured by consumption changes
The Incidence and Cost of Job Loss in the Ukrainian Labor Market
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The long-run cost of job loss as measured by consumption changes
Unequal giving: monetary gifts to children across countries and over time