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The health externalities of downsizing
[Arbeitspapier]
Körperschaftlicher Herausgeber
Institut für Höhere Studien (IHS), Wien
Abstract We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we study mass layoff (ML) survivors in Austria, using workers who survive a ML themselves, but a few years in the future, as a control group. Based on highquality administrative data, ... mehr
We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we study mass layoff (ML) survivors in Austria, using workers who survive a ML themselves, but a few years in the future, as a control group. Based on highquality administrative data, we find evidence that downsizing has persistent effects on mental and physical health, and that these effects can be explained by workers fearing for their own jobs. We also show that health externalities due to downsizing imply non-negligible cost for firms, and that wage cuts may have similar effects.... weniger
Thesaurusschlagwörter
Gesundheit; Arbeitsplatzverlust; Entlassung; Personalabbau; gesundheitliche Folgen
Klassifikation
Arbeitsmarktforschung
Arbeitswelt
Freie Schlagwörter
downsizing; mass layoffs; job insecurity
Sprache Dokument
Englisch
Publikationsjahr
2020
Erscheinungsort
Wien
Seitenangabe
48 S.
Schriftenreihe
IHS Working Paper, 26
Status
Veröffentlichungsversion; begutachtet