Arbeitspapier

The Health Externalities of Downsizing

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we study mass layoff (ML) survivors in Austria, using workers who survive a ML themselves, but a few years in the future, as a control group. Based on high-quality administrative data, we find evidence that downsizing has persistent effects on mental and physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health externalities due to downsizing imply non-negligible cost for firms, and that wage cuts may have similar effects.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 13984

Klassifikation
Wirtschaft
Labor Turnover; Vacancies; Layoffs
Health Behavior
Labor Demand
Thema
downsizing
mass layoffs
health
job insecurity

Ereignis
Geistige Schöpfung
(wer)
Ahammer, Alexander
Grübl, Dominik
Winter-Ebmer, Rudolf
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 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

  • Ahammer, Alexander
  • Grübl, Dominik
  • Winter-Ebmer, Rudolf
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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