Job Loss: Causes, Consequences and Policy Responses

November 18, 2004 to November 19, 2004
Federal Reserve Bank of Chicago
230 South LaSalle St.
Chicago, IL 60604
Third Floor Conference Center
November 18, 2004 | November 19, 2004

November 18, 2004
8:00 a.m.		Breakfast and Registration
8:45 a.m.		Opening Remarks Charles Evans, Director of Research and Senior Vice President, Federal Reserve Bank of Chicago
9:00 a.m.		Session 1: Impacts on Workers Moderator Nancy Mills, Executive Director of the AFL–CIO's Working for America Institute Does Multiskilling Matter? Evidence from Displaced Workers (PDF,247KB) Peter Kuhn, University of California, Santa Barbara Reemployment Patterns of Displaced Older Workers (PDF,375KB) Todd Elder, University of Illinois, Urbana-Champaign, Daniel G. Sullivan, Federal Reserve Bank of Chicago, The Impact of Community College Retraining on Older Displaced Workers: Should We Teach Old Dogs New Tricks? (PDF,203KB) Robert LaLonde, University of Chicago Louis Jacobson, WESTAT Discussants Tom DeLeire, Michigan State Rich Hobbie, National Association of State Workforce Agencies
11:30 a.m.		Lunch
1:00 p.m.		Session 2: Regulation and Job Loss Moderator Laura Miller Craig, Deputy Director for Strategic Planning, Illinois Department of Employment Security Layoffs and Experience Rating of the Unemployment Insurance Payroll Tax: Panel Data Analysis of Employers in Three States (PDF,322KB) Stephen Woodbury, Michigan State University Honoring the Commitment: Assisting U.S. Workers Hurt by Globalization (PDF,137KB) Lori Kletzer, University of California, Santa Cruz Howard Rosen, Trade Adjustment Assistance Coalition Let's Go to Court!: Firing Costs and Dismissal Conflicts (PDF,413KB) Maia Guell, Pompeu Fabra University, Jose E. Galdon-Sanchez, Universidad Publica de Navarra Discussants Larry Mishel, Economic Policy Institute, Derek Neal, University of Chicago
3:30 p.m.		Session 3: Impacts on Firms Moderator Lou Jacobson, WESTAT The Changing Relationship Between Job Loss Announcements and Stock Prices: 1970-1999 (PDF,330KB) Kevin Hallock, University of Illinois, Urbana-Champaign Henry Farber, Princeton University Sources and Consequences of Downsizing in U.S. Manufacturing (PDF,190KB) Edward Wolff, New York University Discussants Brad Jensen, Institute for International Economics, Thea Lee, Public Policy Department, AFL-CIO
5:00 p.m.		Reception
6:00 p.m.		Dinner–Job Loss: Bridging the Research and Policy Discussion Speaker Job Loss: Bridging the Research and Policy Discussion (PDF,62KB) Lisa Lynch, the William L. Clayton Professor of International Economic Affairs, The Fletcher School of Law and Diplomacy, Tufts University, and former Chief Economist at the Department of Labor during the Clinton Administration
November 19, 2004
8:15 a.m.		Welcoming Remarks Michael Moskow, President and Chief Executive Officer, Federal Reserve Bank of Chicago
8:30 a.m.		Panel 1–Process and Policy Moderator Lori Kletzer, University of California, Santa Cruz Panelists Stephen Malia, Senior VP HR, The Mosaic Company John Challenger, Challenger, Gray, and Christmas Randall Eberts, Upjohn Institute
12:00 p.m.		Lunch and Wrap-Up
		What Do We Know, What Do We Still Need to Know and How Can We Learn It? Speaker Henry Farber, Princeton University