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 …

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 …

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 …

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 … perspective of the model, the unemployment rate declined a bit faster over the past two years than was consistent with the other …

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 …

, technical change, and a productivity slowdown. We derive the consequences for the skilled-to unskilled wage gap, unemployment …This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a …

unemployment-rate movements, labor-market reforms (that affected the NAIRU), and productivity developments on inflation. In line … despite declines in unemployment rates. For the United States, these seemingly contradictory developments have been reconciled … in terms of three factors: (1) an acceleration in productivity, (2) structural changes in labor markets that lowered the …

payroll employment as well as unemployment and that increased persistence appears to be widespread across industries. At the …I examine whether the cyclical behavior of unemployment has changed over the post WWII period. Specifically, I test … whether cyclical movements in unemployment have become more persistent. Finding that they have, indeed, become more persistent …