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.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 15033

Klassifikation
Wirtschaft
Wages, Compensation, and Labor Costs: General
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
Thema
job loss costs
wage dynamics
labor turnover
layoffs
labor market institutions
cross-country matched employer–employee dataset

Ereignis
Geistige Schöpfung
(wer)
Bertheau, Antoine
Acabbi, Edoardo
Barcelo, Cristina
Gulyas, Andreas
Lombardi, Stefano
Saggio, Raffaele
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2022

Handle
Letzte Aktualisierung
10.03.2025, 11:44 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bertheau, Antoine
  • Acabbi, Edoardo
  • Barcelo, Cristina
  • Gulyas, Andreas
  • Lombardi, Stefano
  • Saggio, Raffaele
  • Institute of Labor Economics (IZA)

Entstanden

  • 2022

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