Details

Autor(en) / Beteiligte

• Lehmann, Hartmut
• Muravyev, Alexander
• Razzolini, Tiziano
• Zaiceva, Anzelika

Titel

The wage and non-wage costs of displacement in boom times: Evidence from Russia

Ist Teil von

• Journal of Comparative Economics, 2013-11, Vol.41 (4), p.1184-1201

Ort / Verlag

San Diego: Elsevier Inc

Erscheinungsjahr

2013

Link zum Volltext

Quelle

Elsevier ScienceDirect Journals Complete

Beschreibungen/Notizen

• ► We analyze costs of job loss in terms of standard and non-conventional outcomes. ► Our Propensity score matching estimator establishes a causal effect of displacement. ► The main standard costs are foregone earnings, not wage losses upon re-employment. ► Re-employed displaced workers are more likely to be in informal and temporary jobs. This paper analyzes the costs of job loss over the years of a booming economy, 2003–2008, using unique data from the Russian Longitudinal Monitoring Survey. In addition to analyzing standard labor market outcomes, such as forgone earnings, employment, hours worked and wage penalties, our unique data set allows us to investigate additional non-wage costs of displacement, in particular, fringe benefits, the propensity to have an informal employment relationship or a temporary contract. We find that displaced individuals face large foregone earnings following displacement, which are heterogeneous across education and ownership type of firm from which the worker separated. There is no evidence of wage penalties for re-employed displaced workers. However, we find an increased probability of working in informal or temporary jobs if previously displaced and a reduction in the number of benefits.