Persistent Effects of Job Displacement: The Importance of Multiple Job Losses
利用PSID数据发现，失业对工资和收入的长期影响很持久，但大部分持久性可由后续的多次失业解释；避免再次失业的工人损失较小。
This article examines the long-term wage and earnings losses of displaced workers using longitudinal data from the Panel Study of Income Dynamics. Consistent with previous research, the author finds that the effects of displacement are quite persistent, with earnings and wages remaining approximately 9 percent below their expected levels six or more years after displacement. She then shows that much of this persistence can be explained by additional job losses in the years following an initial displacement. Workers who avoid additional displacements have earnings and wage losses of 1 percent and 4 percent six or more years after job loss. Copyright 1997 by University of Chicago Press.