Mortality, Mass-Layoffs, and Career Outcomes: An Analysis using Administrative Data

摘要: This paper uses administrative data on quarterly employment and earnings matched to death records estimate the effects of job displacement mortality. We find that leads a 15-20% increase in rates during following 20 years. If such increases were sustained beyond this period, they would imply loss life expectancy about 1.5 years for worker displaced at age 40. These results are robust extensive controls sorting selection, consistent with estimates mortality pooling workers stayers not affected by selective displacement. To examine channels through which mass layoffs raise mortality, we exploit panel nature our -- covering over 15 analyze correlation long-run career outcomes, as mean standard deviation earnings, individual group level, something possible typical sets. Our findings suggest factors correlated decrease rise have potential explain an important fraction effect