haku: @all manufacturing / yhteensä: 5000
viite: 13 / 5000
| Tekijä: | Huttunen, K. Moen, J. Salvanes, K.G. |
| Otsikko: | How destructive is creative destruction? Effects of job loss on job mobility, withdrawal and income |
| Lehti: | Journal of the European Economic Association
2011 : OCT, VOL. 9:5, p. 840-870 |
| Asiasana: | Norway manufacturing human capital factories unemployment occupational mobility pay incomes |
| Vapaa asiasana: | worker displacement labor supply |
| Kieli: | eng |
| Tiivistelmä: | Short and long-term effects of worker displacement are analyzed. The sample consists of male workers displaced from Norwegian manufacturing plants. It is found that displacement increases the probability of leaving the labour force by 31 percent, the drop-out rate from the labour force being particularly high in the first years following displacement. For those who remain in the labor force, the average earnings effects are moderate, a 3% loss relative to non-displaced workers after seven years. Splitting displaced workers on within- and between-firm movers, it's found that the estimated earnings loss is entirely driven by between-firm movers who experience a 3.6% loss. Transfers to other plants within multi-plant firms upon displacement are quite common. The results support the view that human capital is partly firm specific and partly industry specific.No evidence suggesting that human capital is plant specific is found. |
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