Job Displacement
UCSC Dept. of Economics Working Paper No. 388
Posted: 6 Jul 1998
Date Written: November 1997
Abstract
The past decade and a half has seen tremendous research growth in the area of job displacement. This paper discusses the state of knowledge on the issues and questions of job loss. The 1984-96 Displaced Worker Surveys are used to describe how the characteristics of displacement are changing to include more college educated, white collar, and non-manufacturing workers. For many workers, the long-term earnings losses following displacement are large, due to the loss of firm-specific human capital. More research is needed on questions of the causes of job displacement and on the efficacy of employment and training programs.
JEL Classification: J64
Suggested Citation: Suggested Citation