Advanced market economies are characterized by a continuous process of creativedestruction. Market forces and technological developments play a major role in shaping thisprocess, but institutional and policy settings also influence firms´ decision to enter, to expandif successful and to exit if...

Using European Community Household Panel data for nine countries for 1996-2001, Iinvestigate the impact of reforms of employment protection systems on employment and ontemporary jobs for wage and salary workers. Individual fixed effects models are estimated,with the inclusion of country-specific...

The principal means by which individuals and families achieve economic self-sufficiency is through labor market earnings. As a consequence, it is natural for policy makers to look to interventions that increase the ability of individuals and families to achieve an adequate standard of living...

Labor markets in the transition economies of Central and Eastern Europe underwent adramatic transformation. Notably, this transformation took place within just a few years. Untilthe mid-2000s job opportunities were scarce and unemployment was high. But since thenlabor demand has picked up and...

'Marginal employment', i.e. employment at low working hours and earnings not covered bysocial security, has been gaining importance in the German economy over the past decade.Using a large newly available panel data set and statistical matching techniques, we analysethe effects of marginal...

This paper analyses the impact of government grants on labour demand using plant leveldata for manufacturing industry in Ireland. Our data consists of a large sample of plants andtheir complete grant history...

Using firm level data on 70,000 enterprises in 107 countries, this paper finds importanteffects of access to finance, business regulations, corruption, and to a lesser extent,infrastructure bottlenecks in explaining patterns of job creation at the firm level. The paperfocuses on how the impact...

Over the last decade house prices increased remarkably in many countries. However, whilein several countries there was an employment boom in the construction sector, in others theshare of employment in this sector did not significantly change...

Studies of public-private and foreign-domestic wage differentials face difficultiesdistinguishing ownership effects from correlated characteristics of workers and firms. Thispaper estimates these ownership differentials using linked employer-employee data (LEED)from Hungary containing 1.35mln...

This paper studies the impact of an increase in the enforcement of labor regulations onunemployment and inequality, using city level data from Brazil. We find that stricterenforcement (affecting the payment of mandated benefits to formal workers) leads to: higherunemployment, less income...