A Distributional Analysis of Earnings Losses of Displaced Workers in an Economic Depression and Recovery
研究了芬兰私营部门工人在1992年经济萧条期和1997年复苏期失业后的收入损失，发现收入损失在收入分布低端最大，高端很小或可忽略，且萧条期失业的工人损失更大。
Abstract We study the earnings losses of Finnish private sector workers who lost their jobs at two very different points in the business cycle. The first group wdisplad in 1992 (depression period) and the second one in 1997 (recovery period). The focal point of the analysis is the quantile displacement effect, the change in the earnings distribution due to involuntary job separation. We use mass layoffs and plant closures to identify groups of workers who were displaced from exogenous causes. The effect of displacement is strongest at the lower end of the earnings distribution and small or negligible at the upper end. Workers displaced during the depression period are subject to much larger earnings losses.