Fallick, Bruce. <br/><br/>
Job Displacement and Job Mobility:  The Role of Joblessness / 
Bruce Fallick, John C. Haltiwanger, Erika McEntarfer, Matthew Staiger. 
 - Cambridge, Mass.  National Bureau of Economic Research  2021. 
 - 1 online resource:  illustrations (black and white); 
 - NBER working paper series  no. w29187 .
 - Working Paper Series (National Bureau of Economic Research)  no. w29187. .
<br/><br/> August 2021. 
<br/><br/> Who is harmed by and who benefits from worker reallocation?  We investigate the earnings consequences of changing jobs and find a wide dispersion in outcomes. This dispersion is driven not by whether the worker was displaced, but by the duration of joblessness between job spells. Job movers who experience joblessness suffer a persistent reduction in earnings and tend to move to lower-paying firms, suggesting that job ladder models offer a useful lens through which to understand the negative consequences of job separations. 
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