Layoffs, lemons, race, and gender:
Gespeichert in:
Beteiligte Personen: | , |
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Format: | Buch |
Sprache: | Englisch |
Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
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Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11481 |
Schlagwörter: | |
Links: | http://papers.nber.org/papers/w11481.pdf |
Abstract: | This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white males as in Gibbons and Katz model, but not for the other three demographic groups (white females, black females, and black males). These three all experience a greater decline in earnings at plant closings than at layoffs. This results from two reinforcing effects. First, plant closings have substantially more negative effects on minorities than on whites. Second, layoffs seem to have more negative consequences for white men than the other groups. We also find that the relative wage losses of blacks following layoffs increased after the Civil Rights Act of 1991 which we take as suggestive of an informational effect of layoff as in Gibbons and Katz. The results are suggestive that the large losses that African Americans experience at plant closing could result from heterogeneity in taste discrimination across firms. |
Umfang: | 17, [9] S. |
Internformat
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490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11481 | |
520 | 3 | |a This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white males as in Gibbons and Katz model, but not for the other three demographic groups (white females, black females, and black males). These three all experience a greater decline in earnings at plant closings than at layoffs. This results from two reinforcing effects. First, plant closings have substantially more negative effects on minorities than on whites. Second, layoffs seem to have more negative consequences for white men than the other groups. We also find that the relative wage losses of blacks following layoffs increased after the Civil Rights Act of 1991 which we take as suggestive of an informational effect of layoff as in Gibbons and Katz. The results are suggestive that the large losses that African Americans experience at plant closing could result from heterogeneity in taste discrimination across firms. | |
650 | 4 | |a Kündigung / Liquidation / Lohn / Geschlecht / Rasse / Schätzung / USA | |
700 | 1 | |a Taber, Christopher |d 1966- |e Verfasser |0 (DE-588)130594709 |4 aut | |
776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
830 | 0 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11481 |w (DE-604)BV002801238 |9 11481 | |
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Datensatz im Suchindex
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author | Hu, Luojia 1971- Taber, Christopher 1966- |
author_GND | (DE-588)130588369 (DE-588)130594709 |
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author_sort | Hu, Luojia 1971- |
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bvnumber | BV023591583 |
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id | DE-604.BV023591583 |
illustrated | Not Illustrated |
indexdate | 2024-12-20T13:23:16Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016906913 |
oclc_num | 255372916 |
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owner | DE-521 DE-19 DE-BY-UBM |
owner_facet | DE-521 DE-19 DE-BY-UBM |
physical | 17, [9] S. |
publishDate | 2005 |
publishDateSearch | 2005 |
publishDateSort | 2005 |
publisher | National Bureau of Economic Research |
record_format | marc |
series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
spelling | Hu, Luojia 1971- Verfasser (DE-588)130588369 aut Layoffs, lemons, race, and gender Luojia Hu ; Christopher Taber Cambridge, Mass. National Bureau of Economic Research 2005 17, [9] S. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11481 This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white males as in Gibbons and Katz model, but not for the other three demographic groups (white females, black females, and black males). These three all experience a greater decline in earnings at plant closings than at layoffs. This results from two reinforcing effects. First, plant closings have substantially more negative effects on minorities than on whites. Second, layoffs seem to have more negative consequences for white men than the other groups. We also find that the relative wage losses of blacks following layoffs increased after the Civil Rights Act of 1991 which we take as suggestive of an informational effect of layoff as in Gibbons and Katz. The results are suggestive that the large losses that African Americans experience at plant closing could result from heterogeneity in taste discrimination across firms. Kündigung / Liquidation / Lohn / Geschlecht / Rasse / Schätzung / USA Taber, Christopher 1966- Verfasser (DE-588)130594709 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11481 (DE-604)BV002801238 11481 http://papers.nber.org/papers/w11481.pdf kostenfrei Volltext |
spellingShingle | Hu, Luojia 1971- Taber, Christopher 1966- Layoffs, lemons, race, and gender National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Kündigung / Liquidation / Lohn / Geschlecht / Rasse / Schätzung / USA |
title | Layoffs, lemons, race, and gender |
title_auth | Layoffs, lemons, race, and gender |
title_exact_search | Layoffs, lemons, race, and gender |
title_full | Layoffs, lemons, race, and gender Luojia Hu ; Christopher Taber |
title_fullStr | Layoffs, lemons, race, and gender Luojia Hu ; Christopher Taber |
title_full_unstemmed | Layoffs, lemons, race, and gender Luojia Hu ; Christopher Taber |
title_short | Layoffs, lemons, race, and gender |
title_sort | layoffs lemons race and gender |
topic | Kündigung / Liquidation / Lohn / Geschlecht / Rasse / Schätzung / USA |
topic_facet | Kündigung / Liquidation / Lohn / Geschlecht / Rasse / Schätzung / USA |
url | http://papers.nber.org/papers/w11481.pdf |
volume_link | (DE-604)BV002801238 |
work_keys_str_mv | AT huluojia layoffslemonsraceandgender AT taberchristopher layoffslemonsraceandgender |