domestic firm-level aggregate employment, output, wages and productivity. Consistent with heterogenous firm models where …-offshorer. After initiating offshoring, firms experience large declines in employment (46.2 per cent), output (38.5 per cent) and … productivity measures for offshoring firms. These results are consistent across two separate difference-in-differences (DID …

Korean capital markets. A large increase in Korea's external position, combined with a relatively inflexible exchange rate …

. Background on Korea's foreign exchange control system is provided, including the evolution of its exchange rate determination … Competitiveness Act, the U.S. Treasury's Reports to Congress, and the results of the U.S. Treasury's negotiations with Korea on … exchange rate "manipulation" are examined. ; Korea's current account surpluses emerged at a time when the United States was …

relationship between the stock markets of Korea, Japan, and the United States. We estimate GARCH models to quantify the importance …

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 …

data from the 2003 Survey of Small Business Finances, we model the firm's decision to use alternative employment … establishment-level studies that have examined the use of these types of employment arrangements. However, many of these previous …) firms may be using alternative employment arrangements (AEA) in an attempt to generate cost savings by substituting standard …

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 …

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 …

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 …