Seminar: Economic Crises: Consequences of Firm Closure and Worker Displacement
The closure of firms and large-scale job displacement can have immense spillover effects on wages and long-term employment, especially so in times of economic crises. Apart from that, socio-economic side effects can have an impact on health and fertility decisions, which further effects long-term demographic developments. In this seminar, we discuss recent empirical studies that examine the effects of firm closure and worker displacement on economic factors, as well as the extent and consequences of socio-economic side effects.
Teachers |
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| Prof. Dr. Steffen Müller | |
| Dr. Daniel Fackler | |
| Annika Backes | |
Dates |
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Introductory session (online):October 29, 2020, 9:30 am - 11:30 am, via Zoom. |
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Presentations:December 7, 2020 (and December 8, 2020). |
Seminar topics/ papers
- Black S. E., Devereux P. J. and Salvanes K. G. (2015) Losing Heart? The Effect of Job Displacement on Health, ILR Review 68: 833–861.
- Davis, S. J., & Von Wachter, T. M. (2011). Recessions and the cost of job loss (No. w17638). National Bureau of Economic Research.
- Fackler, D., S. Muller, and J. Stegmaier. Explaining wage losses after job displacement: Employer size and lost firm rents,” IWH Discussion Papers, (2017).
- Gathmann, C., Helm, I., & Schönberg, U. (2020). Spillover effects of mass layoffs. Journal of the European Economic Association, 18(1), 427-468.
- Huttunen, K., & Kellokumpu, J. (2016). The effect of job displacement on couples’ fertility decisions. Journal of Labor Economics, 34(2), 403-442.
- Kassenboehmer S. C. and Haisken-DeNew J. P. (2009). You’re Fired! The Causal Negative Effect of Entry Unemployment on Life Satisfaction, The Economic Journal 119: 448–462.
- Oreopoulos P., Page M. and Stevens A. H. (2008). The Intergenerational Effects of Worker Displacement, Journal of Labor Economics 26: 455–483.
- Schmieder, J., von Wachter, T., & Heining, J. (2020). The costs of job displacement over the business cycle and its sources: evidence from Germany. Technical Report: Boston University, Mimeo.
- Sullivan D. and von Wachter T. (2009). Job Displacement and Mortality: An Analysis Using Administrative Data, Quarterly Journal of Economics 124: 1265–1306.
- Tate, G., & Yang, L. (2015). Female leadership and gender equity: Evidence from plant closure. Journal of Financial Economics, 117(1), 77-97.
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