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Job Loss by Wage Level: Lessons from the Great Recession in Ireland
Author(s)
Date Issued
2015-09-24
Date Available
2016-01-25T12:27:31Z
Abstract
This paper explores the pattern of job loss in the Great Recession with a particular focus on its incidence by wage level, using data for Ireland. Ireland experienced a particularly pronounced decline in employment with the onset of the recession by international and historical standards, which makes it a valuable case study. Using EU-SILC data, our analysis identifies which employees were most affected. The results show that the probability of staying in employment, from one year to the next, is positively related to monthly wages both during the boom and in the bust. The gradient with wages, however, is much more marked in the bust, and remains significantly so even after controlling for a range of individual characteristics including part-time status, demographics, education, labour market history, industries or occupations.
Other Sponsorship
Swiss National Science Foundation
Type of Material
Working Paper
Publisher
University College Dublin. Geary Institute
Issue
2015/19
Start Page
1
End Page
35
Series
UCD Geary Institute for Public Policy Discussion Paper Series
WP2015/19
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
File(s)
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Name
gearywp201519.pdf
Size
276.72 KB
Format
Adobe PDF
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