Book/Printed Material Layoffs, lemons, race, and gender
About this Item
Title
- Layoffs, lemons, race, and gender
Summary
- "This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white males as in Gibbons and Katz model, but not for the other three demographic groups (white females, black females, and black males). These three all experience a greater decline in earnings at plant closings than at layoffs. This results from two reinforcing effects. First, plant closings have substantially more negative effects on minorities than on whites. Second, layoffs seem to have more negative consequences for white men than the other groups. We also find that the relative wage losses of blacks following layoffs increased after the Civil Rights Act of 1991 which we take as suggestive of an informational effect of layoff as in Gibbons and Katz. The results are suggestive that the large losses that African Americans experience at plant closing could result from heterogeneity in taste discrimination across firms"--National Bureau of Economic Research web site.
Names
- Hu, Luojia, 1971-
- Taber, Christopher
- National Bureau of Economic Research
Created / Published
- Cambridge, MA : National Bureau of Economic Research, c2005.
Headings
- - African Americans--Employment
- - Employees--Dismissal of--Economic aspects--United States
- - Plant shutdowns--Economic aspects--United States
- - Wages--United States
- - Women--Employment--United States
Notes
- - Title from PDF file as viewed on 7/14/2005.
- - Includes bibliographical references.
- - Also available in print.
- - Mode of access: World Wide Web.
- - System requirements: Adobe Acrobat Reader.
Call Number/Physical Location
- HB1
Digital Id
- https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005618417
- http://papers.nber.org/papers/W11481 External
Library of Congress Control Number
- 2005618417
Access Advisory
- Unrestricted online access
Online Format
- image