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Using an unusually rich matched employer-employee-job title data set for Portugal, this paper evaluates the sources of wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and after displacement. Potential wage losses of displaced...
Persistent link: https://www.econbiz.de/10011307887
To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …
Persistent link: https://www.econbiz.de/10011869049
wages. A one-point increase in the unemployment rate decreases wages of newly hired male workers by around 2.8% and by just …
Persistent link: https://www.econbiz.de/10003845984
the closing of existing firms, to the dramatic decline of total employment and increase of the unemployment rate. We also …
Persistent link: https://www.econbiz.de/10010199018
the closing of existing firms, to the dramatic decline of total employment and increase of the unemployment rate. We also …
Persistent link: https://www.econbiz.de/10010257916
Persistent link: https://www.econbiz.de/10014512220
This paper provides comprehensive and detailed empirical regression analyses of the sources of wage persistence. Exploring a rich matched employer-employee data set and the estimation of a dynamic panel wage equation with high-dimensional fixed effects, our empirical results show that permanent...
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