Interindustry Variation in the Costs of Job Displacement
发现失业后工资下降的平均幅度、随工龄和经验的下降模式在不同行业间差异很大，并考察了企业规模、工会化、工资水平和培训等因素能否解释这些差异。
Job displacement entails a substantial wage reduction for most dis- \n placed workers. We show that the mean reduction, the tenure profile \n of reductions, and the experience profile of reductions all vary sub- \n stantially across industries. We then link this interindustry variation \n to analogous variation in firm size, unionization, wage levels, and the \n incidence of employer-provided training. While these industry char- \n acteristics explain some of the interindustry variation in mean wage \n reductions, they do not explain variation in the tenure or experience \n profiles of wage reductions.