T Von Wachter… - The American economic review, 2006 - JSTOR
We examine administrative data on young German workers and their employers to study the
long-term effects of an early career job loss. To account for nonrandom sorting of workers
into firms with different turnover rates and for selective job mobility, we use changes over ...
D Sullivan… - The Quarterly Journal of …, 2009 - qje.oxfordjournals.org
Abstract We use administrative data on the quarterly employment and earnings of
Pennsylvanian workers in the 1970s and 1980s matched to Social Security Administration
death records covering 1980–2006 to estimate the effects of job displacement on mortality ...
P Oreopoulos, T Von Wachter… - 2006 - nber.org
The standard neo-classical model of wage setting predicts short-term effects of temporary
labor market shocks on careers and low costs of recessions for both more and less
advantaged workers. In contrast, a vast range of alternative career models based on ...
JS Pischke, T Von Wachter - 2005 - nber.org
We estimate the impact of compulsory schooling on earnings using the changes in
compulsory schooling laws for secondary schools in West German states during the period
from 1948 to 1970. While our research design is very similar to studies for various other ...
D Sullivan… - 2007 - nber.org
This paper uses administrative data on quarterly employment and earnings matched to
death records to estimate the effects of job displacement on mortality. We find that job
displacement leads to a 15-20% increase in death rates during the following 20 years. If ...
T Von Wachter, J Song… - Columbia University Department …, 2007 - Citeseer
Abstract We present new estimates of the long-run earnings consequences of job
separations that occurred during the 1982 recession based on a representative sample of
workers drawn from Social Security administrative earnings data ranging from 1974 to ...
T Von Wachter… - 2002 - eea-esem.com
ABSTRACT This paper analyzes the economic effects of the end of mandatory retirement. It
takes advantage of the unique variation in institutions affecting retirement behavior to study
the change in labor force participation, job attachment and wages of older workers from ...
D Sullivan… - The American Economic Review, 2009 - JSTOR
In this paper we exploit a unique database that merges longitudinal earnings data on
Pennsylvanian workers with national death records to study the detailed nature of the corre
lation between earnings and mortality. We find that the estimates typically reported in the ...
JF Schmieder… - American Economic Journal: …, 2010 - ingentaconnect.com
Abstract: Previous literature has found that tight labor market conditions during a job raise
wages. Using the Displaced Worker Survey from 1984 to 2006, we show that wage gains
associated with good labor market conditions disappear at job loss. We also find that ...
T von Wachter, J Song… - draft, Columbia …, 2009 - bpub.wharton.upenn.edu
Abstract This paper uses longitudinal data from Social Security records covering up to 30
years of earnings to present the first national estimates of the long-term cost of job
displacements during the 1982 recession. We use a new longitudinal data set containing ...
JF Schmieder, T Von Wachter… - … University Department of …, 2009 - Citeseer
Abstract We show that workers displaced from their stable jobs during mass-layoffs in 1982
recession in Germany suffered permanent earnings losses of 10-15% lasting at least 15
years. These estimates are obtained using data and methodology comparable to similar ...
T Von Wachter… - 2008 - nber.org
Economists have long been interested in how persistent the effects of short-term unexpected
shocks in the labor market are on workers' careers (eg, Okun 1973). Using newly available
longitudinal data, an increasing number of papers suggest that the starting conditions in ...
[CITATION] Long-Term Earnings Losses due to Mass-Layoffs During the 1982 Recession: An Analysis Using Longitudinal Administrative Data from 1974 to 2004
T Von Wachter, J Song… - 2009 - mimeo
T Von Wachter - 2007 - papers.ssrn.com
Abstract: The decline in employment of men near retirement age was concentrated between
the early 1970s and 1980s, a period of dramatic shifts in the United States labor market. The
paper begins to explore the effect of these shifts on retirement behavior. To do so, it ...
SJ Davis… - 2011 - nber.org
Page 1. NBER WORKING PAPER SERIES RECESSIONS AND THE COST OF JOB
LOSS Steven J. Davis Till M. von Wachter Working Paper 17638 http://www.nber.
org/papers/w17638 NATIONAL BUREAU OF ECONOMIC ...
T Von Wachter,
EW Handwerker, AKG Hildreth… - 2009 - papers.ssrn.com
Abstract: Estimates of the cost of job displacement from survey and administrative data differ
markedly. This paper uses a unique match of data between the Displaced Worker Survey
(DWS) and administrative wage records from California to examine the sources of this ...
T Von Wachter, J Song… - American Economic …, 2011 - elsa.berkeley.edu
† To view additional materials, visit the article page at http://www. aeaweb. org/articles. php?
doi= 10.1257/aer. 101.7. 3308. 3309 von wAchtER Et Al.: EmploymEnt AnD EARnings of
ApplicAnts vol. 101 no. 7 apply for and often receive DI benefits (eg, Kalman Rupp and ...
J Di Giovanni, J McCrary… - 2006 - papers.ssrn.com
Abstract: Forward-looking behavior on the part of the monetary authority leads least squares
estimates to understate the true growth consequences of monetary policy interventions. We
present instrumental variables estimates of the impact of interest rates on real output ...
[CITATION] Avoiding a lost generation: How to minimize the impact of the great recession on young workers
T Von Wachter - Hearing of Joint Economic Committee of US Congress, 2010
T Von Wachter - 2002 - papers.ssrn.com
Abstract: The growth patterns of service sectors across France, Germany, and the US exhibit
striking differences. This can explain most of the well-known differences in aggregate growth
rates of labour productivity and employment across these countries. Having confirmed this ...
J Schmieder, T Von Wachter… - IAB …, 2010 - academiccommons.columbia.edu
Abstract: This paper evaluates the impact of large changes in the duration of unemployment
insurance (UI) in different economic environments on labor supply, job matches, and search
behavior. We show that differences in eligibility thresholds by exact age give rise to a valid ...
Page 1. NBER WORKING PAPER SERIES THE EFFECTS OF EXTENDED
UNEMPLOYMENT INSURANCE OVER THE BUSINESS CYCLE: EVIDENCE FROM
REGRESSION DISCONTINUITY ESTIMATES OVER TWENTY YEARS ...
[CITATION] Long-Term Earnings Losses Due to Job Displacement during the 1982 Recession: An Analysis Using Longitudinal Administrative Data from 1974 to 2004
T von Wachter, J Song… - 2009 - Mimeo, Columbia University
[CITATION] Forthcoming.“Trends in Employment and Earnings of Allowed and Rejected Applicants to the Social Security Disability Insurance Program.”
T von Wachter, J Song… - American Economic Review
[CITATION] Summary of the Literature on Job Displacement in the US and EU: What we know and what we would like to know
T von Wachter - 2007 - Mimeo, Columbia University
[CITATION] Forthcoming.“Job Displacement and Mortality: An Analysis using Administrative Data.”
D Sullivan… - Quarterly Journal of Economics
[CITATION] Zero Returns to Compulsory Schooling in Germany: Evidence and Interpretation, NBER Working Paper 11414
JS Pischke… - 2005
T Von Wachter… - Columbia University, 2009 - columbia.edu
Abstract This paper uses a unique match of survey and administrative records to provide
estimates of the short-and long-term cost of job loss by education and occupation in the
California in the 1990s. We find that education and occupation have a hump-shaped effect ...
P Oreopoulos, T von Wachter… - American Economic …, 2012 - ingentaconnect.com
Abstract: This paper analyzes the magnitude and sources of long-term earnings declines
associated with graduating from college during a recession. Using a large longitudinal
university-employer-employee dataset, we find that the cost of recessions for new ...
[CITATION] Andrew Heisz.(2006)" The Short-and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College …
P Oreopoulos, T Wachter - NBER Working Paper
T Von Wachter - April 29th, 2010 - ndn.newsweek.com
28 Schmieder, von Wachter, and Bender (2009). 29 Meyer (2002), Table 5. 30 The take up
rate of UI fluctuates between 40-50% for all unemployed and between 70-80% among job
losers (Congressional Budget Office 2004). A similar back of the envelope calculation and ...
J di Giovanni, J McCrary… - The Review of Economics and …, 2009 - MIT Press
Abstract Forward-looking behavior on the part of the monetary authority makes it difficult to
estimate the effect of monetary policy interventions on output. We present instrumental
variables estimates of the impact of interest rates on quarterly real output for several ...
JS Pischke… - system, 2004 - time.dufe.edu.cn
Compulsory schooling laws have been used extensively in the recent litera ture to estimate
the returns to schooling. Starting with Angrist and Krueger (1991), this research has shown
that the returns to schooling are substantial for those individuals leaving school at or near ...
J di Giovanni, J McCrary… - May). IMF Working Paper, 2005 - nber.org
Abstract As is widely appreciated, forward-looking behavior on the part of the monetary
authority leads least squares estimates to understate the true growth consequences of
monetary policy interventions. We present simple instrumental variables estimates of the ...
T Von Wachter, J Song… - Columbia …, 2008 - academiccommons.columbia.edu
Abstract We use administrative longitudinal data on earnings, impairment, and mortality to
replicate and extend Bound's seminal study of rejected applicants to federal Disability
Insurance (DI). We confirm Bound's main result that rejected older male applicants do not ...
[CITATION] Does a Four Fold Does a Four-Fold Higher Unemployment Rate Make a Difference? Wage Growth and Job Mobility of Young Workers in France and …
P Giuliano… - 2004 - Columbia University, mimeo
[CITATION] The Impact of Job Mobility on Wage Development: What Role plays Intermediate Unemployment?
K Görlitz… - RWI Essen. Mimeograph, 2006
[CITATION] Unemployment insurance and the long-term effects of layoffs
TM von Wachter - Presentation at the Economic Policy Institute, 2010
[CITATION] Long-Term Earnings Losses due to Mass Layoffs in the 1982 Recession: An Analysis of US Administrative Data from 1974 to 2004
T Von Wachter, J Song… - Columbia University, April, 2009
JF Schmieder, T von Wachter… - Department of Economics …, 2009 - columbia.edu
Abstract: In this paper, we evaluate the impact of large changes in the duration of
unemployment insurance (UI) on labor supply, job matches, and search behavior. We show
that differences in eligibility thresholds by exact age give rise to a valid regression ...
[CITATION] Trends in Employment and Earnings of Allowed and Rejected Applicants to the Social Security Disability Insurance Program." American Economic Review …
T von Wachter, J Song… - 2010
[CITATION] Long-Term Unemployment: Causes, Consequences and Solutions
T Von Wachter - Testimony before the Joint Economic Committee of the …, 2010
S Bender,
J Lane, KL Shaw… - Industrial & …, 2009 - digitalcommons.ilr.cornell.edu
BOOK REVIEWS 631 inequity best and how might explanation of their success deepen the
already rich analysis of Black and Blue? Finally, Frymer's arguments suggest the need for
more attention to party politics as they have evolved since the New Deal and the Great ...
[CITATION] The Short-and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates
P Oreopoulos, A Heisz, T von Wachter… - 2005 - National Bureau of Economic …
T Von Wachter, J Song… - 2007 - nber.org
Abstract Recent research suggests an increasing role of economic conditions in inducing
lessadvantaged workers to apply for and receive Social Security Disability Insurance (DI).
Yet little is known about the actual evolution of the economic status of workers in the DI ...
[CITATION] The Persistence of Bad Luck–Long Term Effects on Earnings of Beginning to Work in a Recession
T von Wachter - University of California Berkeley. Mimeo, 2001
[CITATION] Testimony before Joint Economic Committee, US Congress
T Von Wachter - 2010 - May
... Page 3. The Long-term Effects of Unemployment Insurance Extensions on Employment
Johannes F. Schmieder, Till von Wachter and Stefan Bender ∗ February 9, 2012 ...
Schmieder, Johannes F., Till von Wachter, and Stefan Bender. 2012. ...
P Giuliano… - economics.harvard.edu
Abstract Young French workers enter the labor force facing unemployment rates that are four
times as high as in Germany. However, despite their low initial labor force attachment young
French workers do not appear to experience slower rates of wage growth than young ...
The effect of extending the duration of unemployment insurance (UI) benefits on
nonemployment duration is a hotly debated question. The vast majority of the literature (eg,
Lawrence Katz and Bruce D. Meyer 1990, Johannes F. Schmieder, Till von Wachter, and ...
JS Pischke… - 2005 - cepr.org
We estimate the impact of compulsory schooling on earnings using the changes in
compulsory schooling laws for secondary schools in West German states during the period
from 1948 to 1970. While our research design is very similar to studies for various other ...
Y Workers… - columbia.edu
1 Several recent papers analyze the long-term effects of entering the labor market in a
recession (eg, Oreopoulos, von Wachter, and Heisz 2008, Oyer 2008, Kondo 2008a, Kahn
2010). A separate literature has examined the differential contemporaneous effect of ...
S Bender,
J Lane, K Shaw, PF Andersson… - NBER Book …, 2008 - papers.ssrn.com
1. The object of the NBER is to ascertain and present to the economics profession, and to
the public more generally, important economic facts and their interpretation in a scientific
manner without policy recommendations. The Board of Directors is charged with the ...
T von Wachter… - econstor.eu
Zusammenfassung: Einflussreiche Studien gehen davon aus, dass sich die Bedingungen
beim Berufseinstieg langfristig auf den Berufsverlauf von Arbeitskräften im Betrieb
auswirken. Obwohl es unter Wirtschaftswissenschaftlern seit langem umstritten ist, ob die ...
[CITATION] Following the Leader: Transparent Estimates of the Effect of Monetary Policy on the Economy
J di Giovanni, J McCrary… - 2003
T von Wachter - columbia.edu
1 Eg, Congressional Budget Office (2010b). 2 Jacobson, Lalonde, and Sullivan (1993) and
von Wachter, Song, and Manchester (2009) show the long-term earnings losses of laid-off
workers during the 1982 recession in Pennsylvania and the US, respectively. 3 Farber ( ...
JS Pischke… - 2005 - econstor.eu
Zusammenfassung: We estimate the impact of compulsory schooling on earnings using the
changes in compulsory schooling laws for secondary schools in West German states during
the period from 1948 to 1970. While our research design is very similar to studies for ...
[CITATION] Early Shocks, Late Options: Essays on Wages and Careers Over the Life Cycle
TM Von Wachter - 2003 - University of California, Berkeley
S Bender,
J Lane, K Shaw, F Andersson… - 2008 - nber.org
Each of these two study approaches has uncovered interesting and useful pieces of
information. Researchers working with large-scale, national, firm-level matched employer-
employee data sets have begun to address a variety of organizational topics, such as ...
T von Wachter - democrats.energycommerce.house. …
Chair Whitfield, Ranking Member Rush, and members of the Committee, it is an honor to be
with you today. Existing evidence suggests that air regulation provides benefits in terms of
improved air quality, improved health outcomes, and improved housing values (eg, Chay ...
[CITATION] Do Temporary Labor Market Conditions Improve Human Capital or Rents? Evidence from Job Losers
S Bender,
J Lane, K Shaw, PF Andersson… - NBER Book …, 2008 - papers.ssrn.com
Each of these two study approaches has uncovered interesting and useful pieces of
information. Researchers working with large-scale, national, firm-level matched employer-
employee data sets have begun to address a variety of organizational topics, such as ...
Abstract Does the subsidy to job search provided by unemployment insurance (UI) help
workers find better jobs? This paper investigates this question by exploiting strict age
thresholds in the German UI system that determine the maximum potential UI benefit ...
T von Wachter - astrid-online.com
S Bender,
J Lane, K Shaw, F Andersson… - 2008 - nber.org
1. The object of the NBER is to ascertain and present to the economics profession, and to
the public more generally, important economic facts and their interpretation in a scientific
manner without policy recommendations. The Board of Directors is charged with the ...
S Bender,
J Lane, K Shaw, F Andersson… - 2008 - nber.org
Brazil: complementary firm-level export data for, 276; economic reforms in, 277–80;
establishment workforce changes in, 295–300; between and within industry demand shifts
in, 280–85; labor market performance in, 300–303; LEE data used for, 12–13; linked ...
T von Wachter - 2007 - Citeseer
Abstract We estimate the impact of compulsory schooling on earnings us# ing changes in
compulsory schooling laws in West Germany after WWII. Most estimates in the literature
indicate returns in the range of 10 to 15 percent. While our research design is very sim# ...
S Bender,
J Lane, K Shaw, PF Andersson… - NBER Book …, 2008 - papers.ssrn.com
Brazil: complementary firm-level export data for, 276; economic reforms in, 277–80;
establishment workforce changes in, 295–300; between and within industry demand shifts
in, 280–85; labor market performance in, 300–303; LEE data used for, 12–13; linked ...
Abstract Does the search subsidy provided by unemployment insurance (UI) help workers
find better jobs by or does the resulting increased time out of work lead to skill depreciation
and lower reemployment wages? This paper investigates this question by exploiting strict ...
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