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Title: | In the Right Place at the Wrong Time : The Role of Firms and Luck in Young Workers? Careers |
Keywords: | J65 J63 ddc:330 job displacement job search initial assigment adverse selection Jugendliche Arbeitskräfte Erwerbsverlauf Arbeitsmobilität Arbeitslosigkeit Einkommen Adverse Selection Arbeitsuche Schätzung Deutschland |
Issue Date: | 16-Oct-2013 |
Publisher: | |
Description: | We exploit administrative data on young German workers and their employers to study the long-term effects of an early job loss. To account for non-random sorting of workers into firms with different turnover rates and for selective job mobility, we use changes over time in firm- and age-specific labor demand as an instrument for displacement. We find that wage losses of young job losers are initially 15% but fade to zero within five years. Only workers leaving very large establishments suffer persistent losses. A comparison of estimators implies that initial sorting, negative selection, and voluntary job mobility may have biased previous U.S. studies finding permanent effects of early displacements. |
URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20618 |
Other Identifiers: | http://hdl.handle.net/10419/20618 ppn:474414280 |
Appears in Collections: | EconStor |
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