The health externalities of downsizing

Rudolf Winter-Ebmer; Alexander Ahammer; Dominik Grübl

The health externalities of downsizing

Institut für Volkswirtschaftslehre

Publikation: Andere Beiträge › Sonstiger Beitrag

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 high-quality 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.

Originalsprache	Englisch
Seitenumfang	49
Publikationsstatus	Veröffentlicht - Dez. 2020

UN SDGs

Dieser Output leistet einen Beitrag zu folgendem(n) Ziel(en) für nachhaltige Entwicklung

SDG 2 – Kein Hunger
SDG 8 – Anständige Arbeitsbedingungen und wirtschaftliches Wachstum
SDG 9 – Industrie, Innovation und Infrastruktur
SDG 17 Partnerschaften für die Ziele

Wissenschaftszweige

303010 Gesundheitsökonomie
502 Wirtschaftswissenschaften
502002 Arbeitsmarkttheorie
502009 Finanzwirtschaft
502021 Mikroökonomie
502042 Umweltökonomie
502047 Volkswirtschaftstheorie
504014 Gender Studies
507016 Regionalökonomie
405002 Agrarökonomie
502001 Arbeitsmarktpolitik
502003 Außenhandel
502010 Finanzwissenschaft
502012 Industriebetriebslehre
502013 Industrieökonomik
502018 Makroökonomie
502020 Marktforschung
502025 Ökonometrie
502027 Politische Ökonomie
502039 Strukturpolitik
502046 Volkswirtschaftspolitik
506004 Europäische Integration

JKU-Schwerpunkte

Sustainable Development: Responsible Technologies and Management

Dieses zitieren

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