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Research ArticleIII. Consequences of Long-Term Unemployment
Open Access

The Changing Consequences of Unemployment for Household Finances

William T. Dickens, Robert K. Triest, Rachel B. Sederberg
RSF: The Russell Sage Foundation Journal of the Social Sciences April 2017, 3 (3) 202-221; DOI: https://doi.org/10.7758/RSF.2017.3.3.09
William T. Dickens
aUniversity Distinguished Professor and chair of economics at Northeastern University
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Robert K. Triest
bVice president and economist at the Federal Reserve Bank of Boston
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Rachel B. Sederberg
cDoctoral candidate in applied economics at Northeastern University
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  • Article
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    1. Dickens, William T., and
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    1. Fallick, Bruce
    . 1996. “A Review of the Recent Empirical Literature on Displaced Workers.” Industrial and Labor Relations Review 50(1): 5–16.
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    Flaaen, Aaron, Matthew D. Shapiro, and Isaac Sorkin. 2003. “Reconsidering the Consequences of Worker Displacements: Survey Versus Administrative Measurements.” Unpublished paper. University of Michigan.
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    Ghayad, Rand. 2014. “The Jobless Trap.” Unpublished paper. Northeastern University.
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    1. Gibbons, Robert, and
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    . 1991. “Layoffs and Lemons.” Journal of Labor Economics 9(4): 351–80.
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    Guvenen, Fatih, Fatih Karahan, Serdar Ozkan, and Jae Song. 2015. “What Do Data on Millions of US Workers Reveal About Life-Cycle Earnings Risk?” NBER Working Paper No. w20913. Cambridge, Mass.: National Bureau of Economic Research.
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    Johnson, Richard W., and Alice G. Feng. 2013. “Financial Consequences of Long-Term Unemployment During the Great Recession and Recovery.” Unemployment and Recovery Project, Brief 13. Washington, D.C.: Urban Institute.
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    1. Kletzer, Lori
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    LaLonde, Robert J. 2007. “The Case for Wage Insurance.” CSR No. 30. New York: Council on Foreign Relations.
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    1. Low, Hamish,
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    von Wachter, Till, and Elizabeth Weber Handwerker. 2009. “Variation in the Cost of Job Loss by Worker Skill: Evidence Using Matched Data from California, 1991–2000.” Unpublished Paper. University of California, Los Angeles.
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    von Wachter, Till, Jae Song, and Joyce Manchester. 2009. “Long-Term Earnings Losses Due to Mass Layoffs During the 1982 Recession: An Analysis Using U.S. Administrative Data from 1974 to 2004. Unpublished paper. University of California, Los Angeles.
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RSF: The Russell Sage Foundation Journal of the Social Sciences: 3 (3)
RSF: The Russell Sage Foundation Journal of the Social Sciences
Vol. 3, Issue 3
1 Apr 2017
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The Changing Consequences of Unemployment for Household Finances
William T. Dickens, Robert K. Triest, Rachel B. Sederberg
RSF: The Russell Sage Foundation Journal of the Social Sciences Apr 2017, 3 (3) 202-221; DOI: 10.7758/RSF.2017.3.3.09

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The Changing Consequences of Unemployment for Household Finances
William T. Dickens, Robert K. Triest, Rachel B. Sederberg
RSF: The Russell Sage Foundation Journal of the Social Sciences Apr 2017, 3 (3) 202-221; DOI: 10.7758/RSF.2017.3.3.09
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  • Article
    • Abstract
    • RELATED LITERATURE
    • INCOME REPLACEMENT WITH HOUSEHOLD WEALTH AND UNEMPLOYMENT INSURANCE
    • EMPLOYMENT AND EARNINGS INSTABILITY
    • CONCLUSION
    • Acknowledgments
    • FOOTNOTES
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More in this TOC Section

  • The Emotional Toll of Long-Term Unemployment: Examining the Interaction Effects of Gender and Marital Status
  • Factors Determining Callbacks to Job Applications by the Unemployed: An Audit Study
Show more III. Consequences of Long-Term Unemployment

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Keywords

  • household finances
  • unemployment
  • earnings losses

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