Search Results

SORT BY: PREVIOUS / NEXT
Keywords:non-pay amenities 

Working Paper
Bad Times, Bad Jobs? How Recessions Affect Early Career Trajectories

Workers who enter the labor market during recessions experience lasting earnings losses, but the role of non-pay amenities in either exacerbating or counteracting these losses remains unknown. Using population-scale data from Germany, we find that labor market entry during recessions generates a 6 percent reduction in earnings cumulated over the first 15 years of experience. Implementing a revealed-preference estimator of employer quality that aggregates information from the universe of worker moves across employers, we find that one-quarter of recession-induced earnings losses are ...
Working Papers , Paper 22-12

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

E32 1 items

J24 1 items

J31 1 items

J32 1 items

FILTER BY Keywords

PREVIOUS / NEXT