A substantial empirical literature documents large and persistent average earnings losses following job displacement. Our paper extends the literature on displaced workers by providing a comprehensive picture of earnings and employment outcomes for all workers who separate. We show that for...

This article reviews the empirical literature on job displacement, which is generally defined as job loss arising from structural economic causes (as opposed to, for example, cyclical downturns) suffered by workers who are strongly attached to their economic sector and who have an exceptionally...

This paper extends the literature on the earnings losses of displaced workers to provide a more comprehensive picture of the earnings and employment outcomes for workers who separate. First, we compare workers who separate from distressed employers (presumably displaced workers) and those who...