This paper deals with the impact of formal training on worker mobility.

This paper deals with the the thesis that bigger wage differentials might also give rise to less co-operation and more politicking amongst workers resulting in worse outcomes.

We use firm closure data from social security records for Austria 1978-1998 to investigate theeffect of age on employment prospects. We rely on exact matching to compare workersdisplaced due to firm closure with similar non-displaced workers. We then use a differencein-difference strategy to...