Why do earnings fall with job displacement?

Autor/inn/en	Carrington, William J.; Fallick, Bruce
Titel	Why do earnings fall with job displacement? Gefälligkeitsübersetzung: Warum sinken Löhne nach Entlassungen?
Quelle	In: Industrial relations, 56 (2017) 4, S. 688-722 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0019-8676; 1468-232X
DOI	10.1111/irel.12192
Schlagwörter	Arbeitslosigkeit; USA; Humankapitaltheorie; Qualifikation; Lohnentwicklung; Lohntheorie; Einkommenseffekt; Humankapitaltheorie; Lohnentwicklung; Lohntheorie; Arbeitslosigkeit; Arbeitsplatzsuchtheorie; Qualifikation; Dequalifizierung; USA
Abstract	"Displaced workers experience reduced earnings for many years. While this empirical phenomenon is well established, the theory of displacement-induced earnings loss is scattered. Policy discussion often interprets displacement-induced losses through the lens of specific human capital theory but there are other credible theories with different causal mechanisms and different interpretations. This paper reviews theories of costly job displacement and discusses their consistency with the available empirical evidence for the United States. We find that specific human capital theory and matching theory have considerable but far from conclusive empirical support. We suggest avenues for better discriminating among theories." (Author's abstract, Published by arrangement with John Wiley & Sons).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2018/2