TY  - RPRT
        AU  - Bertheau, Antoine
AU  - Acabbi, Edoardo
AU  - Barcelo, Cristina
AU  - Gulyas, Andreas
AU  - Lombardi, Stefano
AU  - Saggio, Raffaele
        TI  - The Unequal Cost of Job Loss across Countries
        PY  - 2022/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 15033
        UR  - https://www.iza.org/publications/dp15033
        AB  - We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and Austrian workers face earnings losses somewhere in-between. Key to these differences is that Southern European workers are less likely to find employment following displacement. Loss of employer-specific wage premiums accounts for 40% to 95% of within-country wage declines. The use of active labor market policies predicts a significant portion of the cross-country heterogeneity in earnings losses.
        KW  - labor market institutions
KW  - layoffs
KW  - labor turnover
KW  - wage dynamics
KW  - job loss costs
KW  - cross-country matched employer–employee dataset
        ER  -