The paper studies whether and how CEO turnover in Ukrainian firms is related to theirperformance. Based on a novel dataset covering Ukrainian joint stock companies in 2002-2006, the paper finds statistically significant negative association between the pastperformance of firms measured by return...

Much recent research has focused on the development and analysis of extensions of the New Keynesianframework that model labor market frictions and unemployment explicitly. The present paper describessome of the essential ingredients and properties of those models, and their implications for...

We study differences in the adjustment of aggregate real wages in the manufacturing sectorover the business cycle across OECD countries, combining results from different data anddynamic methods. Summary measures of cyclicality show genuine cross-countryheterogeneity even after controlling for...

We analyze the following questions associated with flexible outsourcing under partlyimperfect dual domestic labour markets, where high skilled workers participate in firm’s profitvia profit sharing: How does the implementation of profit sharing influence flexibleoutsourcing? What is the...

This chapter assesses how models with search frictions have shaped our understanding of aggregatelabor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. Wefirst consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...

We use Lithuanian, Latvian and Estonian LFS data (2002-2007) complemented with severalother surveys to compare the profile of Baltic temporary workers abroad before and after EUaccession with that of stayers and return migrants. Determinants of migration and return, aswell as selection issues...

This paper focuses on the links between informal care provision and labour market activity atthe sub-national level. Within-country analysis of this issue has been very limited to datedespite the wide regional variations in informal care provision that often exist. This issue isimportant in the...

European Social Survey data on 30 countries, covering years 2004-2009, are used to lookinto joint institutional [and other macro] determinants of the rates of dependent employmentwithout a contract, informal self-employment, and unemployment (secondary jobs are notaccounted for). Consistently...

This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) ina market in which temporary and permanent workers co-exist. The assumption of perfectcompetition in the labour market is directly questioned and a model is developed in which thelabour market is...

We use individual data for Great Britain over the period 1992-2009 to compare the probabilitythat employed and unemployed job seekers find a job and the quality of the job they find. Thejob finding rate of unemployed job seekers is 50 percent higher than that of employed jobseekers, and this...