Showing 1 - 10 of 20
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/10009729669
We suggest a new method to analyze the success of firm creation by looking at the persistence of new jobs created in old and in new firms. Compared to survival rates of new versus old firms, this measure has the advantage that the sustainability of job creation in different circumstances is...
Persistent link: https://www.econbiz.de/10009238451
Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990) pioneering study. Having sketched the theoretical background, we chart the course of the modern empirical literature. We focus mainly on dismissals protection, distinguishing...
Persistent link: https://www.econbiz.de/10011403997
In this study we examine the contribution of severance pay to employment and unemployment development using data on industrialized OECD countries. Our starting point is Lazear's (1990) empirical dictum that severance payment requirements adversely impact the labor market. We extend his sample...
Persistent link: https://www.econbiz.de/10013319624
Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990) pioneering study. Having sketched the theoretical background, we chart the course of the modern empirical literature. We focus mainly on dismissals protection, distinguishing...
Persistent link: https://www.econbiz.de/10013320772
Using representative linked employer-employee data for Germany, this paper analyzes short- and long-run differences in labor market performance of workers joining startups instead of incumbent firms. Applying entropy balancing and following individuals over ten years, we find huge and...
Persistent link: https://www.econbiz.de/10012839057
The effects of large minimum wage increases, like those planned in the UK and in some US states, are still unknown. We … asymmetrically to positive and negative changes in minimum wages. The larger the increase in the minimum wage is, the larger the … strongly affected by the current minimum wage and in those plants that have neither collective agreements nor a works council …
Persistent link: https://www.econbiz.de/10011891237
We provide comprehensive evidence on the consequences of automation and offshoreability on the career of unemployed workers and the role of public policies. Using almost two decades of administrative data for Austria, we find that risk of automation is reducing the job finding probability; a...
Persistent link: https://www.econbiz.de/10012137059
The effects of large minimum wage increases, like those planned in the UK and in some US states, are still unknown. We … reacts asymmetrically to positive and negative changes in minimum wages. The larger the increase in the minimum wage is, the … are more strongly affected by the current minimum wage and in those plants that have neither collective agreements nor a …
Persistent link: https://www.econbiz.de/10011896901
The effects of large minimum wage increases, like those planned in the UK and in some US states, are still unknown. We … asymmetrically to positive and negative changes in minimum wages. The larger the increase in the minimum wage is, the larger the … strongly affected by the current minimum wage and in those plants that have neither collective agreements nor a works council …
Persistent link: https://www.econbiz.de/10011898201