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Graduate Student Sarah Bana Quoted in Wall Street Journal!

by Elizabeth Harris | Nov 29, 2018

Bana, Sarah (web)

Workers are not that well adapted to doing different kinds of work. "This paper shows that the growth rate of a displaced worker’s pre-displacement occupation significantly impacts that worker’s duration of joblessness and earnings losses. A one standard deviation decrease in the worker’s occupation growth rate (which is approximately four percentage points) is associated with a 16.1% increase in the duration of joblessness and a 9.2% decrease in weekly earnings," UC Santa Barbara's Sarah Bana writes in a job market paper.

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