wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage … wages of displaced workers after their return to work. Women experienced smaller wage losses than men. For both sexes, over … wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …

-displacement occupational matching in explaining the cost of job displacement. We combine German administrative data on the work history of …

with theory, establishments with more procyclical wage movements over the business cycle have a more countercyclical hires …

controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … eliminate this bias. Estimates from two large panel datasets from Portugal and Germany show that the bias is empirically …

lost firm wage premiums or worker productivity depreciations. We therefore estimate losses in wages and firm wage premiums … and that premium losses are largely permanent. We show that losses in wages and premiums are minor for workers displaced …