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Author:Park, Youngmin 

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

When estimating earnings losses upon job separations, existing strategies focus on separations in mass layoffs to distinguish involuntary separations from voluntary separations. We revisit the measurement of the sources and consequences of involuntary separations using Canadian job separation records. We refine existing strategies and find that only a quarter of mass-layoff separations are indeed layoffs. We provide guidance on how to effectively filter out spurious separations when using databases with sparse information on separations. Isolating involuntary mass-layoff separations with our ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

When estimating earnings losses upon job separations, existing strategies focus on separations in mass layoffs to distinguish involuntary separations from voluntary separations. We revisit the measurement of the sources and consequences of involuntary separations using Canadian job separation records. We refine existing strategies and find that only a quarter of mass-layoff separations are indeed layoffs. We provide guidance on how to effectively filter out spurious separations when using databases with sparse information on separations. Isolating involuntary mass-layoff separations with our ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

This paper examines the anatomy of mass layoffs using Canadian employer employee data linked to detailed job separation records. We show that mass layoffs are protracted processes characterized by heterogeneous separations that vary in both reason and timing. Layoffs and quits differ sharply in worker characteristics, earnings losses, and employer-premium dynamics, with layoffs leading to larger and more persistent losses. Layoffs prior to mass layoffs disproportionately involve less-productive workers, who fare worse after separation. Our findings underscore the multidimensionality of mass ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

We use Canadian administrative data linked to job separation records to understand the anatomy of mass layoffs and job-loss outcomes. Conventional identification approaches mask substantial cross-sectional heterogeneity in mass-layoff separations, mixing layoffs with quits, and employer identifier changes without job losses. Estimates from this homogenized sample severely understate both earnings losses and the role of employer effects in explaining these losses for laid-off workers. Layoffs incur larger and more persistent losses than quits, with moves to lower-paying employers explaining ...
Working Papers , Paper 2023-022

Working Paper
Uncovering the Differences among Displaced Workers: Evidence from Canadian Job Separation Records

We revisit the measurement of the sources and consequences of job displacement using Canadian job separation records. To circumvent administrative data limitations, conventional approaches address selection by identifying displacement effects through mass-layoff separations, which are interpreted as involuntary. We refine this procedure and find that only a quarter of mass-layoff separations are indeed layoffs. Isolating mass-layoff separations that reflect involuntary displacement, we find twice the earnings losses relative to existing estimates. We uncover heterogeneity in losses for ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

When estimating earnings losses upon job separations, existing strategies focus on separations in mass layoffs to distinguish involuntary separations from voluntary separations. We revisit the measurement of the sources and consequences of involuntary separations using Canadian job separation records. We refine existing strategies and find that only a quarter of mass-layoff separations are indeed layoffs. Isolating mass-layoff separations that reflect involuntary displacement, we find twice the earnings losses relative to existing estimates. We also uncover significant heterogeneity in losses ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

When estimating earnings losses upon job separations, existing strategies focus on mass-layoff separations to distinguish involuntary separations from voluntary separations. We revisit the measurement of the sources and consequences of involuntary separations using Canadian job separation records. We refine existing strategies and find that only a quarter of mass-layoff separations are indeed layoffs. Isolating mass-layoff separations that reflect involuntary displacement, we find twice the earnings losses relative to existing estimates. We also uncover significant heterogeneity in losses for ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

When estimating earnings losses upon job separations, existing strategies focus on mass-layoff separations to distinguish involuntary separations from voluntary separations. We revisit the measurement of the sources and consequences of involuntary separations using Canadian job separation records. We refine existing strategies and find that only a quarter of mass-layoff separations are indeed layoffs. Isolating mass-layoff separations that reflect involuntary displacement, we find twice the earnings losses relative to existing estimates. We also uncover significant heterogeneity in losses for ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

When estimating earnings losses upon job separations, existing strategies focus on mass-layoff separations to distinguish involuntary separations from voluntary separations. We revisit the measurement of the sources and consequences of involuntary separations using Canadian job separation records. We refine existing strategies and find that only a quarter of mass-layoff separations are indeed layoffs. Isolating mass-layoff separations that reflect involuntary displacement, we find twice the earnings losses relative to existing estimates. We also uncover significant heterogeneity in losses for ...
Working Papers , Paper 2023-022

Working Paper
The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records

When estimating earnings losses upon job separations, existing strategies focus on separations in mass layoffs to distinguish involuntary separations from voluntary separations. We revisit the measurement of the sources and consequences of involuntary separations using Canadian job separation records. We refine existing strategies and find that only a quarter of mass-layoff separations are indeed layoffs. We provide guidance on how to effectively filter out spurious separations when using databases with sparse information on separations. Isolating involuntary mass-layoff separations with our ...
Working Papers , Paper 2023-022

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