000 | 02611cam a22003497 4500 | ||
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001 | w21262 | ||
003 | NBER | ||
005 | 20211020105605.0 | ||
006 | m o d | ||
007 | cr cnu|||||||| | ||
008 | 210910s2015 mau fo 000 0 eng d | ||
100 | 1 |
_aHellerstein, Judith K. _912611 |
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245 | 1 | 0 |
_aLabor Market Networks and Recovery from Mass Layoffs: _bEvidence from the Great Recession Period / _cJudith K. Hellerstein, Mark J. Kutzbach, David Neumark. |
260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c2015. |
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_a1 online resource: _billustrations (black and white); |
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490 | 1 |
_aNBER working paper series _vno. w21262 |
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500 | _aJune 2015. | ||
520 | 3 | _aWe measure the changing efficacy of neighborhood-based labor market networks, across the business cycle, in helping displaced workers become re-employed, focusing on the periods before, during, and just after the Great Recession. Networks can only be effective when hiring is occurring, and hiring varied greatly between 2005 and 2012, the period we study. We therefore focus on a measure of the strength of the labor market networks that includes not only the number of employed neighbors of a laid off worker, but also the gross hiring rate at that person's neighbors' workplaces. Our evidence indicates that local labor market networks increase re-employment following mass layoffs, and in particular, that networks serve to markedly increase the probability of re-employment specifically at neighbors' employers. This is especially true for low-earnings workers. Moreover, although hiring and employment rates decreased during the Great Recession period, the productivity of labor market networks in helping to secure re-employment for laid off workers was remarkably stable during our sample period. | |
530 | _aHardcopy version available to institutional subscribers | ||
538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
538 | _aMode of access: World Wide Web. | ||
588 | 0 | _aPrint version record | |
690 | 7 |
_aJ01 - Labor Economics: General _2Journal of Economic Literature class. |
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690 | 7 |
_aR12 - Size and Spatial Distributions of Regional Economic Activity _2Journal of Economic Literature class. |
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700 | 1 | _aKutzbach, Mark J. | |
700 | 1 | _aNeumark, David. | |
710 | 2 | _aNational Bureau of Economic Research. | |
830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w21262. |
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856 | 4 | 0 | _uhttps://www.nber.org/papers/w21262 |
856 |
_yAcceso en lĂnea al DOI _uhttp://dx.doi.org/10.3386/w21262 |
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_2ddc _cW-PAPER |
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_c326860 _d285422 |