Die Maßnahmen zur Eindämmung der Corona Pandemie haben unter anderem massive Verdienstausfälle zur Folge. Viele Menschen geraten daher neben der akuten Gesundheitskrise zunehmend auch in eine Einkommenskrise. Dauerhafte existenzbedrohende Unsicherheit bleibt für zu viele trotz der...

This paper documents earnings dynamics over the life-cycle and income level using a large administrative database from German tax records. I find that labor earnings display important deviations from the typical assumptions of linearity and normality. For the bottom earners, large income changes...

Die Maßnahmen zur Eindämmung der Corona Pandemie haben unter anderem massive Verdienstausfälle zur Folge. Viele Menschen geraten daher neben der akuten Gesundheitskrise zunehmend auch in eine Einkommenskrise. Dauerhafte existenzbedrohende Unsicherheit bleibt für zu viele trotz der...

Grundlage dieser Auswertung sind zehn Betriebsvereinbarungen zur Kurzarbeit, die zu Beginn der Corona- Krise abgeschlossen wurden. Sie zeigen den Wert der betrieblichen Mitbestimmung in der Krise. Konjunkturbedingte Kurzarbeit bedeutet, die regelmäßige Arbeitszeit wird vorübergehend...

The added worker effect (AWE) measures the entry of individuals into the labor force due to their partners' job loss. We propose a new method to calculate the AWE, which allows us to estimate its effect on any labor market outcome. We show that the AWE reduces the fraction of households with two...

We use employer-employee matched administrative data from Ohio to study the role of firm pay premiums in explaining the large, persistent earnings losses of displaced workers. We estimate that earnings for displaced workers from the mid-2000s are depressed by 22 percent after four years,...

We study individual earnings dynamics over the life cycle using panel data on millions of U.S. workers. Using nonparametric methods, we first show that the distribution of earnings changes exhibits substantial deviations from lognormality, such as negative skewness and very high kurtosis....

We use employer-employee matched administrative data from Ohio to study the role of firm pay premiums in explaining the large, persistent earnings losses of displaced workers. We estimate that earnings for displaced workers from the mid-2000s are depressed by 22 percent after four years,...

The support that governments provide to their industrial producers has been a growing source of concern. Much of that support is provided by governments through the financial system, either in the form of below‑market borrowings or below-market equity. To better understand the nature and scale...

Existing research has shown that job displacement leads to large and persistent earnings losses for men, but evidence for women is scarce. Using administrative data from Germany, we apply an event study design in combination with propensity score matching and a reweighting technique to directly...

Three main findings emerge from the empirical work. First, five years after job loss, the earnings of these displaced workers were 16 percent less than those of comparison groups of non-displaced workers. Second, earnings losses within a year of displacement can be explained almost entirely by...

We estimate the magnitudes of reduced earnings, work hours, and wage rates of workers displaced during the Great Recession using linked employer-employee panel data from Washington State. Displaced workers' earnings losses occurred mainly because hourly wage rates dropped at the time of...

Prior literature has established that displaced workers suffer persistent earnings losses by following workers in administrative data after mass layoffs. This literature assumes that these are involuntary separations owing to economic distress. This paper examines this assumption by matching...

"This book explains the methodology for how lost profits should be measured, and how to deal with the many common types of cases in business interruption lawsuits in commercial litigation. It contains exhibits, tables, and graphs, how to do industry research, equity risk premium, research...

Large and persistent earnings losses following displacement have adverse consequences for the individual worker and the macroeconomy. Leading models cannot explain their size and disagree on their sources. Two mean-reverting forces make earnings losses transitory in these models: search as an...

What is the appropriate lump-sum compensation for loss of work income in personal injury cases? Since generally future work income is not known with certainty, compensation for its loss must be based on statistical considerations. Typically, courts have based awards on mean or median work...

Large and persistent earnings losses following displacement have adverse consequences for the individual worker and the macroeconomy. Leading models cannot explain their size and disagree on their sources. Two mean-reverting forces make earnings losses transitory in these models: search as an...

Using survey data from the German Socio-Economic Panel (SOEP), this paper analyses to what extent alternative income sources, reactions within the household context, and redistribution by the state attenuate earnings losses after job displacement. Applying propensity score matching and fixed...

Using survey data from the German Socio-Economic Panel (SOEP) this paper analyses to what extent alternative income sources, reactions within the household context, and redistribution by the state attenuate earnings losses after job displacement. Applying propensity score matching and fixed...

Wage insurance is a program that attempts to help permanently displaced workers transition to employment rapidly, effectively, and equitably. Because displaced workers have been found to suffer substantial earnings losses when they become reemployed, a wage insurance program provides a temporary...

The economic impact following the death of a spouse is mainly felt by survivors with no income of their own. After the death of a spouse an income loss also occurs in a double-earner household. Although the importance of changes in family structure and the labor force participation of women are...

Article provides recommended methods for applying a replacement cost theory to economic loss calculations for household services. Empirical studies are recommended for use in adjusting reported (lost) hours of services at injury or death, for factors which would be expected to change hours of...