Reconsidering the Consequences of Worker Displacements: Firm versus Worker Perspective
通过匹配调查数据与行政数据，研究工人在大规模裁员中因不同离职原因导致的收入动态差异，发现仅用行政数据估计的收入损失与考虑原因后的结果惊人接近。
Prior literature has established that displaced workers suffer persistent earnings losses by following workers in administrative data after mass layoffs. This literature assumes that these are involuntary separations owing to economic distress. This paper examines this assumption by matching survey data on worker-supplied reasons for separations with administrative data. Workers exhibit substantially different earnings dynamics in mass layoffs depending on the reason for separation. Using a new methodology to account for the increased separation rates across all survey responses during a mass layoff, the paper finds earnings loss estimates that are surprisingly close to those using only administrative data.