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Worker Displacement During the Transition : Experience from Slovenia

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dc.creator Orazem, Peter F.
dc.creator Vodopivec, Milan
dc.creator Wu, Ruth
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:10Z
dc.date.available 2013-10-16T07:11:10Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20563
dc.identifier ppn:399650342
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20563
dc.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.
dc.language eng
dc.relation IZA Discussion paper series 1297
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject P2
dc.subject J63
dc.subject ddc:330
dc.subject displacement
dc.subject subsidies
dc.subject wages
dc.subject reemployment
dc.subject Slovenia
dc.subject selection
dc.subject specific human capital
dc.subject Kündigung
dc.subject Übergangswirtschaft
dc.subject Slowenien
dc.subject Arbeitslosigkeit
dc.subject Arbeitsmobilität
dc.title Worker Displacement During the Transition : Experience from Slovenia
dc.type doc-type:workingPaper


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