Showing 1 - 10 of 487
Although the adverse labor market effects of economic recessions have been well documented, a notable omission in the literature is how recessions impact workers’ job match quality. This paper considers the short and longer-term losses in productivity associated with the job changing brought...
Persistent link: https://www.econbiz.de/10012238463
Although the adverse labor market effects of economic recessions have been well documented, a notable omission in the literature is how recessions impact workers' job match quality. This paper considers the short and longer-term losses in productivity associated with the job changing brought in...
Persistent link: https://www.econbiz.de/10012239564
wage has risen. We propose an explanation for all three changes that is based on a common source: a decline in labor market … frictions. We develop a simple model with labor market frictions, variable effort, and endogenous wage rigidities to illustrate … observed decline in output volatility. -- labor hoarding ; labor market frictions ; wage rigidities ; effort choice …
Persistent link: https://www.econbiz.de/10008779865
ascertain the contributions of worker, firm, match, and job-title heterogeneity to the union wage gap. Of these the most …
Persistent link: https://www.econbiz.de/10011957208
ascertain the contributions of worker, firm, match, and job-title heterogeneity to the union wage gap. Of these the most …
Persistent link: https://www.econbiz.de/10011941280
We analyze the welfare impact of greater wage flexibility while taking into account explicitly the existence of the … adverse effects of greater wage flexibility on welfare when the central bank follows a conventional Taylor rule. When demand … shocks are the driving force, the presence of the ZLB implies that an increase in wage flexibility reduces welfare even under …
Persistent link: https://www.econbiz.de/10011990051
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firms and from a macro perspective. Adjustment cost theories and arguments about option values of...
Persistent link: https://www.econbiz.de/10010267397
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm's and from a macro perspective. Adjustment cost theories and arguments about option values of...
Persistent link: https://www.econbiz.de/10010293739
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm’s and from a macro perspective. Adjustment cost theories and arguments about option values...
Persistent link: https://www.econbiz.de/10010294519
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm’s and from a macro perspective. Adjustment cost theories and arguments about option values...
Persistent link: https://www.econbiz.de/10005764141