Lasting or Latent Scars? Swedish Evidence on the Long‐Term Effects of Job Displacement
利用瑞典1987年企业倒闭导致的工作置换数据，追踪工人至1999年，发现他们不仅短期收入受损，长期也面临更差的劳动力市场地位，且对后续宏观经济冲击更敏感。
Recently improved Swedish register data have made it possible to remedy many weaknesses of previous research on displaced workers. Using linked employer-employee data, we identify all workers displaced in 1987, due to an establishment closure, and follow them over both a predisplacement period of 4 years and a postdisplacement period stretching until 1999. We find that the displaced workers suffer both earnings losses and worsened labor-market position not only during a transitory period of adjustment but also in the longer run. These longer-run effects seem to be driven by an increased sensitivity to subsequent macroeconomic shocks.