quasi-rents

Abstract

In the first part of the paper, I compare the pre-displacement earnings of
workers displaced from distressed firms to the wages of non-displaced workers.
The results suggest that displaced workers suffer losses that amount to ll% of
their earnings before the actual separation occurs. The second part of the paper
concerns union effects on wages in situations of long-run declining demand. The
findings suggest that for females unions "harvest" the quasi-rents of declining
firms by rising the union-nonunion wage gap.

Year of Publication
1992
Number
303
Date Published
06/1992
Publication Language
eng
Citation Key
7924
Rica, S. (1992). Displaced Workers in Mass Layoffs: Pre-Displacement Earnings Losses and the Unions Effect. Retrieved from http://arks.princeton.edu/ark:/88435/dsp018049g5055 (Original work published June 1992)
Working Papers