Abstract
We show that downsizing has substantial negative effects on the health of
workers who remain in the firm. 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 effects due to downsizing imply non-negligible costs for firms.
| Original language | English |
|---|---|
| Number of pages | 45 |
| Journal | Review of Economics and Statistics |
| DOIs | |
| Publication status | Published - Apr 2024 |
Fields of science
- 303010 Health economics
- 502 Economics
- 502002 Labour economics
- 502009 Corporate finance
- 502021 Microeconomics
- 502042 Environmental economics
- 502047 Economic theory
- 504014 Gender studies
- 507016 Regional economy
- 405002 Agricultural economics
- 502001 Labour market policy
- 502003 Foreign trade
- 502010 Public finance
- 502012 Industrial management
- 502013 Industrial economics
- 502018 Macroeconomics
- 502020 Market research
- 502025 Econometrics
- 502027 Political economy
- 502039 Structural policy
- 502046 Economic policy
- 506004 European integration
JKU Focus areas
- Sustainable Development: Responsible Technologies and Management
