Job Loss by Wage Level: Lessons from the Great Recession in Ireland

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Title: Job Loss by Wage Level: Lessons from the Great Recession in Ireland
Authors: Nolan, Brian
Voitchovsky, Sarah
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Date: 24-Sep-2015
Online since: 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.   
Type of material: Working Paper
Publisher: University College Dublin. Geary Institute
Issue: 2015/19
Start page: 1
End page: 35
Series/Report no.: UCD Geary Institute for Public Policy Discussion Paper Series; WP2015/19
Keywords: Great RecessionIrelandEU-SILCSkillsOccupationsWagesJob loss
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Geary Institute Working Papers

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