Worker displacement and the added worker effect

被引:4
作者
Stephens, M [1 ]
机构
[1] Carnegie Mellon Univ, Pittsburgh, PA 15213 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
关键词
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article examines the "added worker effect," which is the labor supply response of wives to their husbands' job losses. Unlike past studies, which focused on the husbands' current unemployment status, this article analyzes wives' responses before and after job losses to examine the life-cycle labor supply adjustments. Using Panel Study of Income Dynamics data reveals small predisplacement effects and large, persistent postdisplacement effects. The timing of the responses differs with type of displacement, possibly because of differences in the information acquired before job loss. Long-run labor supply increases compensate for over 25% of the husbands' lost income.
引用
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页码:504 / 537
页数:34
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