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In the Right Place at the Wrong Time : The Role of Firms and Luck in Young Workers? Careers

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dc.creator von Wachter, Till
dc.creator Bender, Stefan
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:28Z
dc.date.available 2013-10-16T07:11:28Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20618
dc.identifier ppn:474414280
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20618
dc.description We exploit administrative data on young German workers and their employers to study the long-term effects of an early job loss. To account for non-random sorting of workers into firms with different turnover rates and for selective job mobility, we use changes over time in firm- and age-specific labor demand as an instrument for displacement. We find that wage losses of young job losers are initially 15% but fade to zero within five years. Only workers leaving very large establishments suffer persistent losses. A comparison of estimators implies that initial sorting, negative selection, and voluntary job mobility may have biased previous U.S. studies finding permanent effects of early displacements.
dc.language eng
dc.relation IZA Discussion paper series 1348
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J65
dc.subject J63
dc.subject ddc:330
dc.subject job displacement
dc.subject job search
dc.subject initial assigment
dc.subject adverse selection
dc.subject Jugendliche Arbeitskräfte
dc.subject Erwerbsverlauf
dc.subject Arbeitsmobilität
dc.subject Arbeitslosigkeit
dc.subject Einkommen
dc.subject Adverse Selection
dc.subject Arbeitsuche
dc.subject Schätzung
dc.subject Deutschland
dc.title In the Right Place at the Wrong Time : The Role of Firms and Luck in Young Workers? Careers
dc.type doc-type:workingPaper

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