Showing 1 - 10 of 216
, Japanese firms resembled U.S. multinationals. A Japanese parent's employment, given the level of its production, tends to be … similar to that of Swedish firms, but contrasts with that of U.S. firms. U.S. firms appear to reduce employment at home …-wage countries. We conclude that in Japanese firms and ancillary employment at home to service foreign operations outweighs any …
Persistent link: https://www.econbiz.de/10012471148
Is healthcare employment recession proof? We examine the hypothesis that healthcare employment is stable across the … employment responds to recessions, and show that this response depends largely on the type of the exogenous shock triggering the … recession. We find that healthcare employment responds procyclically to demand-induced recessions; and the reduction is driven …
Persistent link: https://www.econbiz.de/10012938768
greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
Persistent link: https://www.econbiz.de/10012478304
Japanese industry, and have effects on employment and output in sectors producing tradeable goods. This paper presents … estimate the impact of swings in the effective real exchange rate of the dollar and the yen on manufacturing employment and … the U.S. employment. These results are part of a larger research project to estimate the effects of the movements in the …
Persistent link: https://www.econbiz.de/10012476576
We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets....
Persistent link: https://www.econbiz.de/10014468295
Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been lackluster, like Japan, have done surprisingly well in terms of...
Persistent link: https://www.econbiz.de/10014437045
.e., the participation cycle, which are important for the implementation of the maximum employment mandate. We show that these … pressures on employment from participation are two-thirds that of unemployment. Moreover, the participation cycle delays the … recovery in employment because it lags the unemployment cycle. It also amplifies the unevenness of the impact of recessions …
Persistent link: https://www.econbiz.de/10012629442
Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …
Persistent link: https://www.econbiz.de/10012478622
In Japan, the manufacturing has become geographically dispersed in the 1990s, when the import share has risen after the historic exchange rate appreciation. As is consistent with the interpretation that import penetration undermines regional input-output linkages, our regressions detect the...
Persistent link: https://www.econbiz.de/10012468798
We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …
Persistent link: https://www.econbiz.de/10012473059