English, Article edition: Worker Displacement and the Added Worker Effect Melvin Stephens

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Bookmark: http://trove.nla.gov.au/version/196171
Physical Description
  • article
Language
  • English

Edition details

Title
  • Worker Displacement and the Added Worker Effect
Author
  • Melvin Stephens
Physical Description
  • article
Notes
  • This article examines the "added worker effect," which is the labor supply response of wives to their husbands' job losses. Unlike past studies, which focused on the husbands' current unemployment status, this article analyzes wives' responses before and after job losses to examine the life-cycle labor supply adjustments. Using Panel Study of Income Dynamics data reveals small predisplacement effects and large, persistent postdisplacement effects. The timing of the responses differs with type of displacement, possibly because of differences in the information acquired before job loss. Long-run labor supply increases compensate for over 25% of the husbands' lost income.
  • RePEc:ucp:jlabec:v:20:y:2002:i:3:p:504-537
Language
  • English
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