期刊名称:Discussion Paper Series / Department of Economics, New York University
出版年度:2008
卷号:1
出版社:New York University
摘要:We present new estimates of the long-run earnings consequences of job separations that
occurred during the 1982 recession based on a representative sample of workers drawn from
Social Security administrative earnings data ranging from 1974 to 2005. Workers
permanently leaving their long-term employer in the period from 1980 to 1985 experienced
large and persistent earnings reductions lasting 15 to 20 years compared to workers of
similar age and earnings potential who did not leave their employer. Earnings losses last up
to 15 years even for workers displaced in better economic times or after shorter job tenure.
These losses arise both due to reductions in employment as well as to reductions in annual
earnings for those working. These preliminary estimates appear to confirm results from
single U.S. states or limited time periods suggesting that job loss can be very costly for
affected workers.