Worker displacement during the transition: experience from Slovenia
"The transition to market in Slovenia created labor displacements that were on par or greater than that experienced in North America in the 1980s. A simple theoretical model suggests that factors which raise the probability of layoff should also increase the probability of a quit, predictions t...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Bonn
2004
IZA |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19133227124919514099-Worker-displacement-during-the.htm |
| _version_ | 1771659902629969921 |
|---|---|
| author | Vodopivec, Milan Wu, Ruth |
| author_facet | Vodopivec, Milan Wu, Ruth |
| collection | Library items |
| description | "The transition to market in Slovenia created labor displacements that were on par or greater than that experienced in North America in the 1980s. A simple theoretical model suggests that factors which raise the probability of layoff should also increase the probability of a quit, predictions that are borne out in data. Probability of both layoffs and quits fell with worker tenure, firm profitability and expected severance costs. Individuals facing a higher probability of displacement accepted slower wage growth than otherwise comparable workers. The incentives to avoid displacement were strong – workers that actually were displaced faced a slow process of transiting out of unemployment with only one-third finding reemployment. Correcting for selection, real wage losses for displaced workers are comparable to those reported for displaced workers in North America." |
| format | TEXT |
| geographic | Slovenia |
| id | 19133227124919514099_2ce40853b12741479b2477f91e0b5f17 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19133227124919514099_2ce40853b12741479b2477f91e0b5f17 |
| is_hierarchy_title | Worker displacement during the transition: experience from Slovenia |
| language | English |
| physical | 34 p. Digital |
| publishDate | 2004 |
| publisher | Bonn IZA |
| spellingShingle | Vodopivec, Milan Wu, Ruth labour mobility redundancy statistics wages Worker displacement during the transition: experience from Slovenia |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=111735793991 |
| title | Worker displacement during the transition: experience from Slovenia |
| topic | labour mobility redundancy statistics wages |
| url | https://www.labourline.org/KENTIKA-19133227124919514099-Worker-displacement-during-the.htm |