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UID:81a9d4c47446d4788a33fb992716e7ae
DTSTAMP:20240505T071911Z
SUMMARY:Dr. Alexandre Mas\, Princeton University 
DESCRIPTION: \n\nDr. Mas will present _“Sources of the Displaced Workers
 ’ Long\n-Term Earnings Losses”_\n\nAbstract\n\nWe estimate the earning
 s losses of a cohort of workers displaced\nduring the Great Recession and 
 decompose those long-term losses into\ncomponents attributable to fewer wo
 rk hours and to reduced hourly wage\nrates. We also examine the extent to 
 which the reduced earnings\, work\nhours\, and wages of these displaced wo
 rkers can be attributed to\nfactors specific to pre- and post-displacement
  employers\; that is\, to\nlost employer-specific rents. The analysis is b
 ased on\nemployer-employee linked panel data from Washington State assembl
 ed\nfrom 2002–2014 administrative wage and unemployment insurance\nrecor
 ds.\n\nThree main findings emerge from the empirical work. First\, five ye
 ars\nafter job loss\, the earnings of these displaced workers were 17\nper
 cent less than those of comparison groups of nondisplaced workers.\nSecond
 \, earnings losses within a year of displacement can be explained\nalmost 
 entirely by lost work hours\; however\, five years after\ndisplacement\, t
 he relative earnings deficit of displaced workers can\nbe attributed rough
 ly one-half to reduced hourly wages and one half to\nreduced work hours. T
 hird\, time-invariant characteristics of the\nemployers who rehire displac
 ed workers appear to account for about\none-fifth of the long-term earning
 s losses and nearly of the lower\nlong-term hourly wages of these workers.
 \n 
DTSTART:20171106T170000Z
DTEND:20171106T180000Z
LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, 722\, Philadelphia\, PA
  19104
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