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Man-cessions, Fiscal Policy, and the Gender Composition of Employment
Bredemeier, Christian; Juessen, Falko; Winkler, Roland - Institute for the Study of Labor (IZA) - 2015
fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …
Persistent link: https://www.econbiz.de/10011214037
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Does High Home-Ownership Impair the Labor Market?
Blanchflower, David G.; Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2013
This study explores the hypothesis that high home-ownership damages the labor market. We show that rises in the home-ownership rate in a U.S. state are a precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home-ownership in a...
Persistent link: https://www.econbiz.de/10011212749
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Volatility and Growth: Governments are Key
Jetter, Michael - Institute for the Study of Labor (IZA) - 2013
There exists a persistent disagreement in the literature over the effect of business cycles on economic growth. This paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a negative indirect effect, operating through the insurance...
Persistent link: https://www.econbiz.de/10010959641
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The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data
De Neve, Jan-Emmanuel; Ward, George W.; De Keulenaer, Femke - Institute for the Study of Labor (IZA) - 2015
Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...
Persistent link: https://www.econbiz.de/10011210821
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Flight of the H-1B: Inter-Firm Mobility and Return Migration Patterns for Skilled Guest Workers
Depew, Briggs; Norlander, Peter; Sorensen, Todd A. - Institute for the Study of Labor (IZA) - 2013
a vehicle for adjusting the number of visas during a recession. We study the job mobility of highly-skilled Indian IT …-year firm level dataset to show that, outside of the Great Recession, these workers are mobile and that lower paid guest workers … the Great Recession. This partially mitigates concerns that guest worker visa programs do not adjust to fluctuations in …
Persistent link: https://www.econbiz.de/10010959611
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Frictions and the Joint Behavior of Hiring and Investment
Yashiv, Eran - Institute for the Study of Labor (IZA) - 2012
The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores their dynamic behavior in the presence of frictions. It does so within a unified framework, stressing their mutual dependence and placing the emphasis on their joint,...
Persistent link: https://www.econbiz.de/10010553316
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Employment and Hours over the Business Cycle in a Model with Search Frictions
Kudoh, Noritaka; Miyamoto, Hiroaki; Sasaki, Masaru - Institute for the Study of Labor (IZA) - 2015
an adjustment cost function for employment and hours. We calibrate the model to match the Japanese labor market, in which … behavior of hours of work, but fails to generate employment volatility of realistic magnitude. Additional penalties for longer …
Persistent link: https://www.econbiz.de/10011228303
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A Reappraisal of the Inflation-Unemployment Tradeoff
Snower, Dennis; Karanassou, Marika; Sala, Hector - Institute for the Study of Labor (IZA) - 2002
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth" describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...
Persistent link: https://www.econbiz.de/10005761764
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Where Did They Go?
Frederiksen, Anders; Westergaard-Nielsen, Niels - Institute for the Study of Labor (IZA) - 2002
We study individual job-separations and their associated destination states for all individuals in the private sector in Denmark for the period 1980 to 1995 and account for the cyclical flows. We find that individual and workplace characteristics as well as business cycle effects are important...
Persistent link: https://www.econbiz.de/10005703450
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Macroeconomic Policy Lessons of Labor Market Frictions
Yashiv, Eran - Institute for the Study of Labor (IZA) - 2002
effects on labor market outcomes, while employment subsidies or wage tax reductions are not very effective policy instruments. …
Persistent link: https://www.econbiz.de/10005703575