Sources of Displaced Workers’ Long-Term Earnings Losses
利用华盛顿州的雇主-雇员面板数据，研究发现大衰退期间失业工人的收入损失主要源于小时工资率在失业时下降且恢复缓慢，其中超过一半的工资损失由特定工人-雇主匹配关系的价值丧失解释。
We estimate the magnitudes of reduced earnings, work hours, and wage rates of workers displaced during the Great Recession using linked employer-employee panel data from Washington state. Displaced workers’ earnings losses occurred mainly because hourly wage rates dropped at the time of displacement and recovered sluggishly. Lost employer-specific premiums explain only 17 percent of these losses. Fully 70 percent of displaced workers moved to employers paying the same or higher wage premiums than the displacing employers, but these workers nevertheless suffered substantial wage rate losses. Loss of valuable specific worker-employer matches explains more than one-half of the wage losses.