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100 _aLachowska, M., Mas, A. and Woodbury, S.A.
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245 _aSources of displaced worker's long-term earnings losses
260 _aThe American Economic Review
300 _a110(10), Oct, 2020: p.3231-3266
520 _aWe estimate the magnitudes of reduced earnings, work hours, and wage rates of workers displaced during the Great Recession using linked employer-employee panel data from Washington state. Displaced workers' earnings losses occurred mainly because hourly wage rates dropped at the time of displacement and recovered sluggishly. Lost employer-specific premiums explain only 17 percent of these losses. Fully 70 percent of displaced workers moved to employers paying the same or higher wage premiums than the displacing employers, but these workers nevertheless suffered substantial wage rate losses. Loss of valuable specific worker-employer matches explains more than one-half of the wage losses. – Reproduced
650 _aEarnings, Wage, Workers, Displaced workers,
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773 _a The American Economic Review
906 _aWAGES
942 _cAR