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Using annual data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We show that the impact of financial variables depends...
Persistent link: https://www.econbiz.de/10008596580
Museums have many different goals beyond efficiency such as social equity, financial revenue, attracting donors and gaining international, regional or local prestige. Various pricing schemes are being discussed with the aim of reaching these goals. The classical ones are entry prices and free...
Persistent link: https://www.econbiz.de/10008572533
This paper examines whether importing has contributed to skill upgrading among Indonesian plants. Our data records the distribution of years of employee schooling in each plant. We examine how importing affects the demand for highly educated workers within both production and non-production...
Persistent link: https://www.econbiz.de/10010877785
provide evidence for this, we analyze the effect of firms’ exporting behavior on the elasticity of labor demand. Using rich … extensive margins significantly increases the (absolute value of the) unconditional own-wage labor demand elasticity. This is …
Persistent link: https://www.econbiz.de/10010877822
labor force. Low-wage workers churn primarily among manufacturing sectors, where they are repeatedly exposed to subsequent … to move out of manufacturing conditional on separation. These findings reveal that import shocks impose substantial labor …
Persistent link: https://www.econbiz.de/10010948900
downward impact on wages. There is evidence that reductions in working time added to wage pressure; yet estimates of labor …
Persistent link: https://www.econbiz.de/10010545689
This paper presents a case study on reforming a very dysfunctional labor market with a deep insider-outsider divide … leads to purely marginal changes that do not alter the fundamental features of labor market institutions. While the Great … Recession and the start of the sovereign debt crisis triggered two labor reforms, the political economy equilibrium has not …
Persistent link: https://www.econbiz.de/10009386357
labor demand during the crisis using a firm-level panel dataset. Our analysis proceeds in two steps. First, we estimate a … dynamic labor demand function for the years 2000-2009 accounting for the degree of working time flexibility and the presence … as a measure of labor hoarding as the dependent variable in a cross-sectional regression for 2009. Apart from total labor …
Persistent link: https://www.econbiz.de/10009367393
This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the period 1960 to 2000. In contrast to many other studies, we use long time series and analyze cyclically adjusted trend values of the unemployment rate. Our novel contribution is...
Persistent link: https://www.econbiz.de/10009278129
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010607007