BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//CREST - ECPv5.1.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:CREST
X-ORIGINAL-URL:https://crest.science
X-WR-CALDESC:Events for CREST
BEGIN:VTIMEZONE
TZID:Europe/Helsinki
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20180325T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20181028T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Helsinki:20180906T140000
DTEND;TZID=Europe/Helsinki:20180906T151500
DTSTAMP:20260713T153024
CREATED:20180828T145819Z
LAST-MODIFIED:20180828T145819Z
UID:12101-1536242400-1536246900@crest.science
SUMMARY:Josef ZWEIMÜLLER (University of Zurich) - "Marginal jobs and job surplus: evidence from unemployment insurance and job separations" joint with Simon JÄGER and Benjamin SCHOEFER
DESCRIPTION:Josef ZWEIMÜLLER (University of Zurich) – “Marginal jobs and job surplus: evidence from unemployment insurance and job separations” joint with Simon JÄGER and Benjamin SCHOEFER\nThe Malinvaud-Adres Seminars: Every Thursday at 2:00 pm \n\nTime: 2:00 pm – 3:15pm \nDate: September 6th\, 2018 \nPlace: Room 2016 \n\nAbstract: We study the role of marginal jobs in employment adjustment\, in three steps. First\, we provide evidence on job destruction in response to reductions in job surplus from improved worker outside options. Our design exploits a sharp quasi-experimental increase in unemployment benefits for older workers in Austria improving substantially the outside options of treated workers. The higher outside options imply a reduced job surplus and leads to additional 11ppt of separations in the treatment group. Second\, we isolate and characterize the marginal matches driving this separation response\, extending complier analysis to difference-in-difference settings. We find that marginal jobs originate from blue-collar occupations in industries with a high incidence of sickness and disability among older workers. Compared to surviving jobs\, marginal jobs had lower earnings and lower worker fixed effects and were more prevalent in shrinking industries and firms. Taken together\, our findings indicate that increasing workers’ outside options destroys low-surplus jobs. Third\, one direct implication is that outside options shift the composition of surviving jobs towards higher-surplus jobs. To test this prediction\, we exploit the abolition of the reform to show that the formerly-treated cohorts indeed exhibit lower extensive-margin aggregate elasticities to subsequent labor demand shocks – due to the missing mass of marginal matches the reform had previously destroyed. \n\n
URL:https://crest.science/event/josef-zweimuller-university-of-zurich-marginal-jobs-and-job-surplus-evidence-from-unemployment-insurance-and-job-separations-joint-with-simon-jager-and-benjamin-schoefer/
CATEGORIES:Economics
END:VEVENT
END:VCALENDAR