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Table 8 Effects on the relative wages of displaced older and prime-age workers separately estimated for workers who found a job within 6 and within 18 months

From: Labour market effects of job displacement for prime-age and older workers

 

Found a job within 6 months

Found a job within 18 months

 

Older age (45–54)

Prime age (35–44)

Difference

Older age (45–54)

Prime age (35–44)

Difference

Year 1

− 0.0398

− 0.0283

− 0.0115

− 0.0516

− 0.0336

− 0.0180

 

(0.0011)

(0.0007)

(0.0013)

(0.0011)

(0.0007)

(0.0013)

Year 2

− 0.0233

− 0.0139

− 0.0095

− 0.0412

− 0.0246

− 0.0166

 

(0.0011)

(0.0007)

(0.0014)

(0.0011)

(0.0007)

(0.0013)

Year 3

− 0.0167

− 0.0054

− 0.113

− 0.0280

− 0.0103

− 0.0178

 

(0.0013)

(0.0009)

(0.0016)

(0.0012)

(0.0008)

(0.0015)

Year 4

− 0.0118

− 0.0012

− 0.0106

− 0.0224

− 0.0087

− 0.0137**

 

(0.0016)

(0.0010)

(0.0019)

(0.0014)

(0.0009)

(0.0017)

Year 5

− 0.0019

− 0.0065

0.0047**

− 0.0135

− 0.0122

− 0.0013

 

(0.0017)

(0.0011)

(0.0020)

(0.0015)

(0.0010)

(0.0018)

Year 6

0.0034

− 0.0072

0.0106

− 0.0134

− 0.0102

− 0.0033

 

(0.0021)

(0.0014)

(0.0025)

(0.0019)

(0.0012)

(0.0023)

N

2,920,577

2,920,577

2,920,577

3,254,375

3,254,375

3,254,375

  1. Notes: Calculations on the basis of fixed effects estimates of the expanded version of Eq. 1. Significance levels: *10%, **5% and ***1%. Source: Own calculations using registration data from Statistics Netherlands on displaced workers