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국회도서관 홈으로 정보검색 소장정보 검색

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Title page

Contents

Abstract 3

1. Introduction 4

2. Data 7

2.1. Sources and Main Variables 7

2.2. Definition of Treated and Control Workers 8

2.3. Descriptive Statistics 10

3. Identification Strategy 10

4. Results 13

5. Implications for the Cost of Job Loss 16

6. Conclusion 19

References 21

Online Appendix 30

Tables

Table 1. Descriptive Statistics, Matched sample 25

Table 2. Decomposition of Differences in the Wage Loss between Eligible and Non-eligible Workers 26

Figures

Figure 1. Difference in Yearly Transfers between Eligible and Non-eligible Workers 27

Figure 2. The Impact of Displacement on Permanent Employment by Eligibility and Wealth 28

Figure 3. Losses in Job Security and the Cost of Job Loss 29

Appendix Tables

Table A.1. Descriptive Statistics, Permanent vs. Temporary Workers 31

Table A.2. Descriptive Statistics 32

Table A.3. The Effect of Displacement on Permanent Employment 33

Table A.4. Losses in Job Security and the Cost of Job Loss 34

Table A.5. The Effect of Eligibility on Duration 35

Appendix Figures

Figure A.1. Displacements per Year, 2007-2014 36

Figure A.2. Permanent Employment after Displacement by Wealth: Descriptive Evidence 36

Figure A.3. Eligibility Effect on Permanent Employment 1 Year after Displacement: Bottom vs. Top 10%, 20%, 30% and 40% 37

Figure A.4. Eligibility Effect on Permanent Employment 1 Year after Displacement: Heterogeneity in Different Dimensions 37

Figure A.5. Eligibility effect by Liquid and Illiquid Wealth 38

Figure A.6. Robustness Checks: Alternative Definitions 39

Figure A.7. Robustness Checks: Alternative Samples 40

Figure A.8. Robustness Checks: Additional Controls 41