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Empirical Representation of Firms' Employment Decisions by an (S,S) Rule
Rota, Paola - 2001
We analyze the conditions under which an (S,s) rule may be derived and compare these with alternative rules. We consider the case of labor demand with fixed adjustment costs. The (S,s) rule implies a specific ordering of choices: downward adjustment, non-adjustment and upward adjustment with the...
Persistent link: https://www.econbiz.de/10014128128
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Collective wage agreements and the adjustment of workers and hours in German service firms
Kaiser, Ulrich; Pfeiffer, Friedhelm - 2000
There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence … is provided on the way collective wage agreements affect the adjustment of working hours, employment and other production … factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …
Persistent link: https://www.econbiz.de/10011444737
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Tarifverträge und Beschäftigungspolitik in Dienstleistungsunternehmen
Kaiser, Ulrich; Pfeiffer, Friedhelm - 2000
Der Beitrag untersucht die Verbreitung von Tarifverträgen in Dienstleistungsunternehmen sowie deren Wirkungen auf die Beschäftigungspolitik im Falle von Nachfrageschwankungen. Der empirische Teil basiert auf der ZEW/Creditreform Konjunkturumfrage bei unternehmensnahen...
Persistent link: https://www.econbiz.de/10011444738
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Collective Wage Agreements and Adjustments in German Services Firms
Kaiser, Ulrich; Pfeiffer, Friedhelm - 2003
There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence … is provided on the way collective wage agreements affect the adjustment of working hours, employment and other production … factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …
Persistent link: https://www.econbiz.de/10014090460
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Tarifverträge und Beschäftigungspolitik in Dienstleistungsunternehmen
Kaiser, Ulrich - 2000
Der Beitrag untersucht die Verbreitung von Tarifverträgen in Dienstleistungsunternehmen sowie deren Wirkungen auf die Beschäftigungspolitik im Falle von Nachfrageschwankungen. Der empirische Teil basiert auf der ZEW/Creditreform Konjunkturumfrage bei unternehmensnahen...
Persistent link: https://www.econbiz.de/10013428331
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Collective wage agreements and the adjustment of workers and hours in German service firms
Kaiser, Ulrich - 2000
There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence … is provided on the way collective wage agreements affect the adjustment of working hours, employment and other production … factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …
Persistent link: https://www.econbiz.de/10013428332
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Measuring TFP : the role of profits, adjustment costs, and capacity utilization
Comin, Diego; Quintana, Javier; Schmitz, Tom; Trigari, … - 2021
Persistent link: https://www.econbiz.de/10013198423
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Hours vs employment in response to demand shocks : evaluating the labor market effects of temporary aggregate demand shocks requires analyzing both employment and hours of work
Hart, Robert A. - 2023
The responses of working hours and employment levels to temporary negative demand shocks like those caused by the Great …
Persistent link: https://www.econbiz.de/10014289702
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Effects of macroeconomic uncertainty and labor demand shocks on the housing market
Lee, Gabriel S.; Binh Nguyen Thanh; Strobel, Johannes - 2017
This paper shows that macroeconomic uncertainty affects the housing market in two significant ways. First, uncertainty shocks adversely a¤ect housing prices but not the quantities that are traded. Controlling for a broad set of variables in fixed-effects regressions, we find that uncertainty...
Persistent link: https://www.econbiz.de/10011662874
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Dispersion over the business cycle : passthrough, productivity, and demand
Carlsson, Mikael; Clymo, Alex; Joslin, Knut-Eric - 2022
We characterize the dispersion of firm-level productivity and demand shocks using Swedish microdata including prices and utilization and analyse the consequences for firms and the aggregate economy. Demand dispersion increases by more than TFPQ dispersion in recessions. Productivity shocks pass...
Persistent link: https://www.econbiz.de/10013256973