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  1. Which ladder to climb?
    wages of workers by job, plant, and education
    Autor*in: Bayer, Christian; Kuhn, Moritz
    Erschienen: 04 September 2018
    Verlag:  Centre for Economic Policy Research, London

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    W 32 (13158)
    Fernleihe:
    uneingeschränkte Fernleihe, Kopie und Ausleihe
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: Discussion paper series / Centre for Economic Policy Research ; DP13158
    Schlagworte: Erwerbsverlauf; Lohn; Lohnstruktur; Lebensverlauf; Theorie
    Umfang: 49 Seiten, Illustrationen
    Bemerkung(en):

    Erscheint auch als Online-Ausgabe
  2. Earnings losses and labor mobility over the lifecycle
    Autor*in: Jung, Philip; Kuhn, Moritz
    Erschienen: 2012
    Verlag:  IZA, Bonn

    Extensive literature demonstrates that workers with high tenure suffer large and persistent earnings losses when they are displaced. We study the reasons behind these losses in a tractable search model that includes a lifecycle dimension, endogenous... mehr

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 4 (6835)
    Fernleihe:
    keine Fernleihe

     

    Extensive literature demonstrates that workers with high tenure suffer large and persistent earnings losses when they are displaced. We study the reasons behind these losses in a tractable search model that includes a lifecycle dimension, endogenous job mobility, and worker- and match-heterogeneity. The model jointly explains key characteristics of the U.S. labor market such as large average transition rates, a large share of stable jobs, and earnings losses after displacement. We decompose earnings losses and find that only 50% result from wage loss, and endogenous reactions and selection account for the remainder. These findings have important implications for welfare costs of displacement and labor market policies. -- earnings losses ; lifecycle ; labor-market transitions ; turbulence

     
    Export in Literaturverwaltung   RIS-Format
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    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/67324
    Schriftenreihe: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 6835
    Schlagworte: Verdienstausfall; Arbeitsmobilität; Lebensverlauf; Arbeitsuche; USA
    Umfang: Online-Ressource (PDF-Datei: 38, VI S., 492,78 KB), graph. Darst.
  3. Earnings losses and labor mobility over the lifecycle
    Autor*in: Jung, Philip; Kuhn, Moritz
    Erschienen: 2016
    Verlag:  Centre for Economic Policy Research, London

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    W 32 (11572)
    Fernleihe:
    uneingeschränkte Fernleihe, Kopie und Ausleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: Array ; DP 11572
    Schlagworte: Verdienstausfall; Arbeitsmobilität; Lebensverlauf; Arbeitsuche; Umschulung; Lohnsubvention; USA
    Umfang: 50, xxii Seiten, Illustrationen
    Bemerkung(en):

    Erscheint auch als Online-Ausgabe
  4. Earnings losses and labor mobility over the life cycle
    Autor*in: Jung, Philipp; Kuhn, Moritz
    Erschienen: June 2017
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich

    Large and persistent earnings losses following displacement have adverse consequences for the individual worker and the macroeconomy. Leading models cannot explain their size and disagree on their sources. Two mean-reverting forces make earnings... mehr

    Standort:
    Staats- und Universitätsbibliothek Bremen
    Fernleihe:
    keine Fernleihe

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 63 (6552)
    Fernleihe:
    keine Fernleihe

     

    Large and persistent earnings losses following displacement have adverse consequences for the individual worker and the macroeconomy. Leading models cannot explain their size and disagree on their sources. Two mean-reverting forces make earnings losses transitory in these models: search as an upward force allows workers to climb back up the job ladder, and separations as a downward force make nondisplaced workers fall down the job ladder. We show that job stability at the top rather than search frictions at the bottom is the main driver of persistent earnings losses. We provide new empirical evidence on heterogeneity in job stability and develop a life-cycle search model to explain the facts. Our model offers a quantitative reconciliation of key stylized facts about the U.S. labor market: large worker flows, a large share of stable jobs, and persistent earnings shocks. We explain the size of earnings losses by dampening the downward force. Our new explanation highlights the tight link between labor market mobility and earnings dynamics. Regarding the sources, we find that over 85% stem from the loss of a particularly good job at the top of the job ladder. We apply the model to study the effectiveness of two labor market policies, retraining and placement support, from the Dislocated Worker Program. We find that both are ineffective in reducing earnings losses in line with the program evaluation literature.

     
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    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/167538
    Auflage/Ausgabe: First version: June, 2011
    Schriftenreihe: Array ; no. 6552
    Schlagworte: Verdienstausfall; Arbeitsmobilität; Lebensverlauf; Arbeitsuche; USA
    Umfang: 1 Online-Ressource (circa 98 Seiten), Illustrationen