Did Timing Matter? Life Cycle Differences in Effects of Exposure to the Great Recession
中文摘要
我估计了在大衰退开始后的 10 年间, 按出生年份划分的各群体暴露于大衰退对其就业与收入的影响。以百分比衡量, 较年轻劳动者的收入损失最大 (最高达 13%), 部分原因在于, 尽管其总体就业比年长劳动者恢复得更快, 他们受雇于高薪雇主的可能性仍然较低。
Abstract
I estimate the effects of exposure to the Great Recession on employment and earnings for groups defined by year of birth over the 10 years following the beginning of the recession. Younger workers experience the largest earnings losses in percentage terms (up to 13%), in part because they remain less likely to work for high-paying employers even as their overall employment recovers more quickly than that of older workers.