英文摘要 |
Based on a sample of displaced workers and their non-displaced siblings from Taiwan, we use difference-in-differences with family fixed effect approach to examine the impacts of job loss on wages and health. The main contribution of this study is to use non-displaced siblings of displaced workers as a control group, which enables us to control for the unobserved genetic and family background characteristics and thereby mitigate the endogeneity problem of displacement. The monthly wage of displaced male workers reduces 5% within 1–2 years after plant closure, compared with that of their non-displaced brothers, and the effect is persistent within 2–5 years after displacement. In contrast, no significant wage loss is found for displaced female workers who were reemployed immediately after plant closure. Overall, the effect of wage reduction is more pronounced for men and lower-educated workers. We do not find evidence that job loss increases the probability of hospitalization. As hospitalization may not be an appropriate proxy for health, the availability of good measures of health status is needed for future research. |