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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20563| Title: | Worker Displacement During the Transition : Experience from Slovenia |
| Keywords: | P2 J63 ddc:330 displacement subsidies wages reemployment Slovenia selection specific human capital Kündigung Übergangswirtschaft Slowenien Arbeitslosigkeit Arbeitsmobilität |
| Issue Date: | 16-Oct-2013 |
| Description: | The transition to market in Slovenia created labor displacements that were on par or greater than that experienced in North America in the 1980s. A simple theoretical model suggests that factors which raise the probability of layoff should also increase the probability of a quit, predictions that are borne out in data. Probability of both layoffs and quits fell with worker tenure, firm profitability and expected severance costs. Individuals facing a higher probability of displacement accepted slower wage growth than otherwise comparable workers. The incentives to avoid displacement were strong – workers that actually were displaced faced a slow process of transiting out of unemployment with only one-third finding reemployment. Correcting for selection, real wage losses for displaced workers are comparable to those reported for displaced workers in North America. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20563 |
| Other Identifiers: | http://hdl.handle.net/10419/20563 ppn:399650342 |
| Appears in Collections: | EconStor |
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