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The Distributional Impacts of Worker Reallocation: Evidence from Europe

Download or Read eBook The Distributional Impacts of Worker Reallocation: Evidence from Europe PDF written by Mr. John C Bluedorn and published by International Monetary Fund. This book was released on 2022-06-24 with total page 24 pages. Available in PDF, EPUB and Kindle.
The Distributional Impacts of Worker Reallocation: Evidence from Europe
Author :
Publisher : International Monetary Fund
Total Pages : 24
Release :
ISBN-10 : 9798400212512
ISBN-13 :
Rating : 4/5 (12 Downloads)

Book Synopsis The Distributional Impacts of Worker Reallocation: Evidence from Europe by : Mr. John C Bluedorn

Book excerpt: Using individual-level data for 30 European countries between 1983 and 2019, we document the extent and earning consequences of workers’ reallocation across occupations and industries and how these outcomes vary with individual-level characteristics, namely (i) education, (ii) gender, and (iii) age. We find that while young workers are more likely to experience earnings gains with on-the-job sectoral and occupational switches, low-skilled workers’ employment transitions are associated with an earnings loss. These differences in earnings gains and losses also mask a high degree of heterogeneity related to trends in routinization. We find that workers, particularly low-skilled and older workers during recessions, experience a severe earning penalty when switching occupations from non-routine to routine occupations.


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