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Reconsidering the Consequences of Worker Displacements: Firm versus Worker Perspective

Aaron B. Flaaen, Matthew D. Shapiro, Isaac Sorkin

NBER Working Paper No. 24077
Issued in November 2017, Revised in April 2018

---- Acknowledgments ----

Thanks to Pawel Krolikowski, Margaret Levenstein, Kristin McCue, Luigi Pistaferri, Melanie Wallskog, Dan Weinberg and seminar participants at the University of Michigan, UC-Berkeley, Edinburgh, Penn State RDC Conference, the Research Data Center Annual Conference at the Atlanta Fed, and the Working Longer Conference at Stanford for comments. Thanks to Giovanni Righi for research assistance. This research is supported by the Sloan Foundation through the Census-HRS project at the University of Michigan with additional support from the Michigan Node of the NSF-Census Research Network (NCRN) under NSF SES 1131500. This research uses data from the Census Bureau's Longitudinal Employer- Household Dynamics Program, which was partially supported by the following National Science Foundation Grants SES-9978093, SES-0339191 and ITR-0427889; National Institute on Aging Grant AG018854; and grants from the Alfred P. Sloan Foundation. Shapiro acknowledges financial support from the MacCALM project [UK Economic and Social Research Council (ESRC), ES/L009633/1]. Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Census Bureau, the Federal Reserve System, or the National Bureau of Economic Research. All results have been reviewed to ensure that no confidential information is disclosed.

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