The end of the Cold War brought profound changes to defense-dependent sectors of the civilian economy. The aerospace industry has been at the vortex of these contractions. Based on the assumption that aerospace workers suffered unique hardships, the federal government established special...

The large-scale downsizings of the 1990s has renewed interest in the earnings losses of displaced workers. This study uses administrative data to follow 833,004 workers in California between 1989 and 1994, providing estimates of the extent of losses in quarterly earnings associated with the...