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This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U … declines the most experience more severe employment losses along with larger increases in the value of imports from China and … employment loss, and we show that the U.S. employment trends differ from those in the E.U., where there was no change in policy. …
Persistent link: https://www.econbiz.de/10010784166
The 2007-2009 recession is characterized by: a large drop in employment, an unprecedented decline in firm entry, and a … slow recovery. Using confidential firm-level data, I show that financial constraints reduced employment growth in small …
Persistent link: https://www.econbiz.de/10010886223
unemployment and underemployment, employment, workweeks, wages, vacancies, hiring, layoffs, quits, and surveys of consumers' and … payroll employment and the unemployment rate. Other influential indicators include the insured unemployment rate, consumers …
Persistent link: https://www.econbiz.de/10011119857
-offshorer. After initiating offshoring, firms experience large declines in employment (46.2 per cent), output (38.5 per cent) and …We construct a new linked data set with over one thousand offshoring events by matching Trade Adjustment Assistance … program petition data to confidential data on U.S. firm operations. We exploit these data to assess how offshoring affects …
Persistent link: https://www.econbiz.de/10011075150
We study the existence and economic significance of bank lending channels that affect employment in U.S. manufacturing … access to bank loans matters more for employment than firm access to local bank loans. Our results suggest that, over the … about a quarter of the drop in employment in the manufacturing sector. In addition, a decrease in the availability of home …
Persistent link: https://www.econbiz.de/10010784163
have a large impact on employees. There are sharp and substantial employment cuts following loan covenant violations, when … creditors exercise their ex post control rights. The negative impact of violations on employment is stronger for firms that face … more severe agency and financing frictions and those whose employees have weaker bargaining power. Employment cuts …
Persistent link: https://www.econbiz.de/10010892305
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