Table 9
Decomposition of the Wage Loss Variation into the Contribution of Firm, Match Quality, and Job Title Fixed Effects: Alternative Sample—Relaxing the Definition of Displacement by Including Individuals Displaced Due to Mass Layoffs
| Decomposition of the Wage Loss into | ||||||
|---|---|---|---|---|---|---|
| Wage Loss | Firm FE | Match Quality FE | Job Title FE | |||
| Period |  |  |  |  |  |  |
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Specification 3 | ||||||
| Net | −0.092 | 0.000 | −0.092 | −0.042 | −0.016 | −0.034 |
| (0.000) | (0.000) | (0.000) | (0.000) | |||
| R2 | 0.88 | 0.91 | 0.96 | 0.99 | 0.99 | |
Notes: See the notes to Table 4. We report the wage loss estimates following a simple reparametrization providing the net effect—row labeled “Net.” A mass layoff occurs when a firm reduces its workforce by more than 30 percent in two consecutive periods with a minimum of six separations. The total number of observations equals 15,982,889.