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Jacobson, Lalonde, and Sullivan's 'Earnings Losses of Displaced Workers' (1993)
This refers to the 1993 academic paper titled 'Earnings Losses of Displaced Workers,' authored by economists Louis Jacobson, Robert J. Lalonde, and Daniel G. Sullivan. It was published in The American Economic Review and is a foundational study analyzing the long-term financial consequences for workers who have been involuntarily displaced from their jobs.
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CORE Econ
Introduction to Microeconomics Course
The Economy 2.0 Microeconomics @ CORE Econ
Ch.6 The firm and its employees - The Economy 2.0 Microeconomics @ CORE Econ
Related
Lori G. Kletzer's 'Job Displacement' (1998)
Couch and Placzek's 'Earnings Losses of Displaced Workers Revisited' (2010)
Jacobson, Lalonde, and Sullivan's 'Earnings Losses of Displaced Workers' (1993)
Rob Grey
The Grey Family: A Case Study of Labor Market Dynamics
A company that manufactures bicycles experiences stable consumer demand for its products. To increase production speed and reduce long-term costs, the company invests in an automated welding system. Subsequently, it permanently lays off its team of manual welders, as their specific roles have been rendered obsolete by the new technology. Which economic term most accurately describes the welders' loss of employment?
Technological Change in a Factory Town
Analyzing Economic Restructuring and Labor
Match each scenario of job loss with the most accurate description of its underlying cause. Each cause is used only once.
An automotive company temporarily lays off 20% of its assembly line workers due to a nationwide economic recession that has reduced consumer demand for new cars. The company has stated it intends to rehire these workers once the economy improves. This situation is a clear example of job displacement.
Defining Job Displacement
A manufacturing sector undergoes a significant transformation, leading to workers losing their jobs. Arrange the following events into the most logical causal sequence that illustrates this process of job displacement.
A country significantly reduces its import tariffs on furniture. Consequently, domestic furniture manufacturers, unable to compete with the lower-priced imports, permanently close several factories. Which statement best analyzes the situation for the laid-off factory workers?
A company replaces its specialized, custom-built manufacturing equipment with a new, standardized automated system. A highly-skilled, well-paid technician, whose expertise was specific to the old equipment, is laid off. Which statement best analyzes the technician's situation in the labor market?
Evaluating Re-employment Prospects for Displaced Workers
Learn After
Jacobson, Lalonde, and Sullivan's Study on Displaced Worker Earnings During a Recession
Prior to the early 1990s, many economic studies based on worker surveys suggested that the financial impact of involuntary job loss was often temporary. However, a landmark 1993 study using longitudinal administrative data from state unemployment insurance systems revealed that displaced workers experience large and persistent earnings losses. Which of the following best explains why the findings from the administrative data were so different from earlier survey-based results?
Evaluating Policy Arguments on Worker Displacement
Analyzing Long-Term Earnings After Displacement
Predicting Earnings Outcomes for Displaced Workers
According to the findings of a major 1993 study that used administrative data to track involuntarily displaced workers, the most significant earnings losses for these workers occur in the first year after displacement, after which their earnings typically recover to pre-displacement levels within three years.
A landmark 1993 study analyzed the long-term financial impact on workers who were involuntarily displaced from their jobs. Match each key concept from this study to its correct description.
A pivotal 1993 study on the financial consequences of involuntary job loss was able to demonstrate large and persistent earnings declines by using a novel data source for its time: longitudinal ______ data from state unemployment insurance systems, which provided a more comprehensive view than previous survey-based research.
A landmark 1993 study analyzed the earnings trajectory of workers after they were involuntarily displaced from stable jobs. Based on the typical pattern identified in that research, arrange the following phases of a displaced worker's earnings experience into the correct chronological order, starting from the period just before job loss.
Analysis of Persistent Earnings Loss
A landmark 1993 study sought to isolate the specific financial impact of involuntary job loss. To do this, researchers compared the earnings of displaced workers to a carefully selected comparison group. Which of the following groups would provide the most scientifically valid comparison to determine the earnings losses caused by displacement itself, rather than by broader economic trends?