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The Climate for Business Development and Employment Growth in Puerto Rico

Davis, Steven; Rivera-Batiz, Luis - National Bureau of Economic Research (NBER) - 2005

Employment rates in Puerto Rico range from 55 to 65 percent of U.S. rates during the past thirty years. This huge employment shortfall holds for men and women, cuts across all education groups, and is deeper for persons without a college degree. The shortfall is concentrated in the private...

Persistent link: https://www.econbiz.de/10005014927

Industrial Policy, Employer Size, and Economic Performance in Sweden

Davis, Steven; Henrekson, Magnus - National Bureau of Economic Research (NBER) - 1995

neutral set of policies and institutions, Sweden's employment distribution is sharply tilted away from lower wage industries …

Persistent link: https://www.econbiz.de/10005710775

Explaining National Differences in the Size and Industry Distribution of Employment

Davis, Steven; Henrekson, Magnus - National Bureau of Economic Research (NBER) - 1997

national pension system, wage-setting institutions and the size of the public sector. We characterize these aspects of the … set of policies and institutions, Sweden's employment distribution in the mid-1980s is sharply tilted away from low …

Persistent link: https://www.econbiz.de/10005828881

Small Business and Job Creation: Dissecting the Myth and Reassessing theFacts

Davis, Steven; Haltiwanger, John; Schuh, Scott - National Bureau of Economic Research (NBER) - 1993

This paper investigates how job creation and destruction behavior varies by employer size in the U.S. manufacturing sector during the period 1972 to 1988. The paper also evaluates the empirical basis for conventional claims about the job-creating prowess of small businesses. The chief findings...

Persistent link: https://www.econbiz.de/10005777949

Patterns of Convergence and Divergence in the Euro Area

Gali, Jordi; Lopez-Salido, J. David; Estrada, Ángel - National Bureau of Economic Research (NBER) - 2013

variables (unemployment, inflation, relative prices and the current account), and seeks to uncover the role played by monetary …

Persistent link: https://www.econbiz.de/10010969299

Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment

Gali, Jordi - National Bureau of Economic Research (NBER) - 2012

I revisit the General Theory's discussion of the role of wages in employment determination through the lens of the New Keynesian model. The analysis points to the key role played by the monetary policy rule in shaping the link between wages and employment, and in determining the welfare impact...

Persistent link: https://www.econbiz.de/10010969433

Recruiting Intensity during and after the Great Recession: National and Industry Evidence

Davis, Steven; Haltiwanger, John; Faberman, R. Jason - National Bureau of Economic Research (NBER) - 2012

We measure job-filling rates and recruiting intensity per vacancy at the national and industry levels from January 2001 to September 2011 using data from the Job Openings and Labor Turnover Survey. Construction makes up less than 5 percent of employment but accounts for more than 40 percent of...

Persistent link: https://www.econbiz.de/10009652884

Labor Market Flows in the Cross Section and Over Time

Davis, Steven; Haltiwanger, John; Faberman, Jason - National Bureau of Economic Research (NBER) - 2011

Many theoretical models of labor market search imply a tight link between worker flows (hires and separations) and job gains and losses at the employer level. Partly motivated by these theories, we exploit establishment-level data from U.S. sources to study the relationship between worker flows...

Persistent link: https://www.econbiz.de/10009220649

Recessions and the Cost of Job Loss

Davis, Steven; von Wachter, Till Marco - National Bureau of Economic Research (NBER) - 2011

-displacement earnings if displaced in mass-layoff events that occur when the national unemployment rate is below 6 percent. They lose a … staggering 2.8 years of pre-displacement earnings if displaced when the unemployment rate exceeds 8 percent. These results … opportunities respond to contemporaneous economic conditions. Finally, we confront leading models of unemployment fluctuations with …

Persistent link: https://www.econbiz.de/10009372449

Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations

Gali, Jordi - National Bureau of Economic Research (NBER) - 1996

Using data for the G7 countries, I estimate conditional correlations of employment and productivity, based on a decomposition of the two series into technology and non-technology components. The picture that emerges is hard to reconcile with the predictions of the standard Real Business Cycle...

Persistent link: https://www.econbiz.de/10005775137