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Hijzen, Alexander; Upward, Richard; Wright, Peter W. – Journal of Human Resources, 2010
We use a new, matched worker-firm dataset for the United Kingdom to estimate the income loss resulting from firm closure and mass layoffs. We track workers for up to nine years after the displacement event, and the availability of predisplacement characteristics allows us to implement difference-in-differences estimators using propensity score…
Descriptors: Foreign Countries, Job Layoff, Dislocated Workers, Income