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dc.contributor.authorRodríguez-Planas, Núriaen_US
dc.date.accessioned2009-01-28T16:12:41Z-
dc.date.available2009-01-28T16:12:41Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20244-
dc.description.abstractIn my asymmetric-information model of layoffs, high-productivity workers are more likely to be recalled to their former employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should not have a positive signaling benefit. Analysis of the data from the January 1988-2000 Displaced Workers Supplements to the Current Population Survey reveals that the wage/unemployment duration relation differs between laid-off workers and workers displaced through plant closings in the predicted way, and finds evidence consistent with asymmetric information in the U.S. labor market.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesIZA Discussion paper series 1009en_US
dc.subject.jelJ30en_US
dc.subject.jelJ60en_US
dc.subject.ddc330en_US
dc.subject.keywordlaid-off workersen_US
dc.subject.keywordsignalingen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordwagesen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwDaueren_US
dc.subject.stwArbeitsproduktivitäten_US
dc.subject.stwKündigungen_US
dc.subject.stwSignallingen_US
dc.subject.stwAsymmetrische Informationen_US
dc.subject.stwSchätzungen_US
dc.subject.stwVereinigte Staatenen_US
dc.titleSignaling in the Labor Market: New Evidence on Layoffs and Plant Closingsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn37876439Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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