Showing 1 - 10 of 30
This paper studies the determinants of hiring. We use the search-matching model with imperfect competition in the product market from Carlsson, Eriksson and Gottfries (2011) to derive an equation for total hiring in a local labor market, and estimate it on Swedish panel data. When product...
Persistent link: https://www.econbiz.de/10009399691
unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …
Persistent link: https://www.econbiz.de/10010699694
role to cross-country differences in social unemployment insurance institutions that Prescott argues can be safely ignored …
Persistent link: https://www.econbiz.de/10005069229
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10005644526
This paper discusses some issues of compensation policy in business and academia from the perspectives of incentive theory, other theories, and empirical research. The main conclusion is that mechanical rules for performance-related pay are likely to be inferior to more subjective performance...
Persistent link: https://www.econbiz.de/10005245151
Persistent link: https://www.econbiz.de/10005027237
This paper investigates the connection between the Swedish wage profile of net job creation and Autor, Levy, and Murnane’s (2003) proposed substitutability between routine tasks and technology. We first show that between 1975 and 2005, Sweden exhibited a pattern of job polarization with...
Persistent link: https://www.econbiz.de/10009322948
Americans work more than Europeans. Using micro data from the U.S. and 17 European countries, we study the contributions from demographic subgroups to these aggregate level dierences. We document that women are typically the largest contributors to the discrepancy in work hours. We also document...
Persistent link: https://www.econbiz.de/10010762003
Americans work more than Europeans. Using micro data from the U.S. and 17 European countries, we study the contributions from demographic subgroups to these aggregate level dierences. We document that women are typically the largest contributors to the discrepancy in work hours. We also document...
Persistent link: https://www.econbiz.de/10010700373
The informational value of the aggregate US unemployment rate has recently been questioned because of a unit root in … the labor-force participation rate; the lack of mean reversion implies that long-run changes in unemployment rates are … highly unlikely to reflect long-run changes in joblessness. This paper shows that this critique also extends to unemployment …
Persistent link: https://www.econbiz.de/10008525388