Access the full text.
Sign up today, get DeepDyve free for 14 days.
K. Couch (2001)
Earnings losses and unemployment of displaced workers in GermanyInd. Labor Relat. Rev., 54
C.J. Ruhm (1991)
Are workers permanently scarred by job displacements?Am. Econ. Rev., 81
D. Neal (1995)
Industry-specific human capital: evidence from displaced workersJ. Labor Econ., 13
U. Schönberg, C. Gathmann (2010)
How general is human capital? A task-based approachJ. Labor Econ., 28
R. Topel (1990)
Specific capital, mobility, and wages: wages rise with job seniorityJ. Political Econ., 99
D.S. Evans, L.S. Leighton (1995)
Retrospective bias in the Displaced Worker SurveysJ. Hum. Resour., 30
L.G. Kletzer, R.W. Fairlie (2003)
The long-term costs of job displacement for young adult workersInd. Labor Relat. Rev., 56
M. Burda, A. Mertens (2001)
Estimating wage losses of displaced workers in GermanyLabour Econ., 8
R. Hutchens (1989)
Seniority, wages and productivity: a turbulent decadeJ. Econ. Perspect., 3
E.P. Lazear (1981)
Agency, earnings, profiles, productivity, and hours restrictionsAm. Econ. Rev., 71
L.G. Kletzer (1998)
Job displacementJ. Econ. Perspect., 12
M. Podgursky, P. Swaim (1987)
Job displacement and earnings loss: evidence from the Displaced Worker SurveyInd. Labor Relat. Rev., 41
K.L. Shaw (1984)
A formulation of the earnings function using the concept of occupational investmentJ. Hum. Resour., 19
W.J. Carrington (1993)
Wage losses for displaced workers: Is it really the firm that matters?J. Hum. Resour., 28
G. Kambourov, I. Manovskii (2009)
Occupational specificity of human capitalInt. Econ. Rev., 50
E.P. Lazear (1979)
Why is there mandatory retirement?J. Political Econ., 87
K. Nawakitphaitoon (2014)
Occupational human capital and wages: the role of skills transferability across occupationsJ. Labor Res., 35
R. Topel (1990)
Specific capital and unemployment: measuring the costs and consequences of job lossCarnegie-Rochester Conf. Ser. Pub. Policy., 33
G.S. Becker (1964))
Human Capital
This paper examines the effect of accumulated human capital, and particularly occupational human capital, on the earnings losses of displaced workers. Unlike most of the previous studies of job displacement, this paper uses a continuous measure of occupational skills transferability to measure the similarity between the pre- and post-displacement occupations of reemployed displaced workers. Using the 2004, 2006, 2008, and 2010 Displaced Worker Survey (DWS), the main finding is that post-displacement earnings losses are highly correlated with the degree of similarity between pre- and post-displacement occupations. Displaced workers who find jobs in occupations similar to their previous jobs suffer smaller earnings losses than those who find less similar jobs. This relationship is non-linear in that higher skills transferability reduces the earnings losses at a decreasing rate as the transferability of occupational skills increases.
Journal for Labour Market Research – Springer Journals
Published: Aug 27, 2014
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.