Search Results
Journal Article
Long-term earnings losses of high-seniority displaced workers
Newsletter
Public and private sector compensation: what is affordable in this recession and beyond? -- a conference summary
On February 26, 2009, the Federal Reserve Bank of Chicago and The Civic Federation hosted a forum to examine the differences in wages and benefits between the public sector and private sector and to discuss best practices in work force sustainability.
Discussion Paper
Wage Insurance: A Potential Policy for Displaced Workers
Despite the existing safety net, worker displacement continues to have severe consequences that motivate the consideration of new social insurance programs. Wage insurance is a novel policy that temporarily provides additional income to workers who lose their job and become re-employed at a lower wage. In this post, we draw on evidence from our recent working paper analyzing the effects of a U.S. wage insurance program on worker earnings and employment outcomes. Among workers displaced by international trade, we find that eligibility for wage insurance increased the probability of employment ...
Working Paper
Should we teach old dogs new tricks? the impact of community college retraining on older displaced workers
This paper estimates the returns to retraining for older displaced workers--those 35 or older--by estimating the impact that community college schooling has on their subsequent earnings. Our analysis relies on longitudinal administrative data covering workers who were displaced from jobs in Washington State during the first half of the 1990s and who subsequently remained attached to the state?s work force. Our database contains displaced workers' quarterly earnings records covering 14 years matched to the records of 25 of the state's community colleges. We find that older displaced workers ...
Journal Article
The impact of technology on displacement and reemployment
This article explores whether job displacement is more prevalent in industries with higher technological innovation and whether older and less skilled employees are more prone to technology-induced job displacement. The authors also test whether the probability of reemployment is lower for older and less skilled workers in high-technology industries.