Department of Economics Seminar Series
Mike Zabek, Federal Reserve Board
"Parental Proximity and Earnings after Job Displacements"
The earnings of young adults who live in the same neighborhoods as their parents recover faster after a job displacement than those who live farther away. The earnings of these workers recover in around six years while workers living farther away suffer permanent declines. Workers with children of their own drive these divergent earnings outcomes. Different job search durations, differences in mobility after job displacements, housing transfers, and ex-ante differences between workers are unlikely explanations. Parental employment networks could contribute to our findings, though we find little evidence that adult children find work in their parents' industries.
The full paper is available through this website: https://mikezabek.com/pdf/ParentalProximity.pdf
Friday, November 9, 2018 at 11:00am to 12:30pm
Purnell Hall, Room 450
Purnell Hall, University of Delaware, Newark, DE 19716, USA