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King, Robert G. - 2003

Many kinds of economic behavior appear to be governed by discrete and occasional individual choices. Despite this, econometric partial adjustment models perform relatively well at the aggregate level. Analyzing the classic employment adjustment problem, we show how discrete and occasional...

Persistent link: https://www.econbiz.de/10012468751

Labor Demand and the Structure of Adjustment Costs

Hamermesh, Daniel S. - 1988

This study examines the nature of the costs that firms face in adjusting labor demand in response to shocks induced by changes in output demand and prices. Empirical work on monthly plant-level time-series data shows that adjustment proceeds in jumps. Employment is unchanged in response to small...

Persistent link: https://www.econbiz.de/10012476491

Social Ties and the Job Search of Recent Immigrants

Goel, Deepti - 2009

We show that increasing the probability of obtaining a job offer through a network should raise the observed wages of workers in jobs found through formal channels relative to those in jobs found through the network. This prediction holds at all percentiles except the highest and lowest. The...

Persistent link: https://www.econbiz.de/10012463463

The Analytics of the Wage Effect of Immigration

Borjas, George J. - 2009

The theory of factor demand has important implications for the study of the impact of immigration on wages. This paper … theory can be used to check the plausibility of the many contradictory claims that appear throughout the immigration …

Persistent link: https://www.econbiz.de/10012463851

The Labor Demand Curve is Downward Sloping : Reexamining the Impact of Immigration on the Labor Market

Borjas, George J. - 2003

Immigration is not evenly balanced across groups of workers that have the same education but differ in their work … market impact of immigration by exploiting this variation in supply shifts across education-experience groups. I assume that … substitutes. The analysis indicates that immigration lowers the wage of competing workers: a 10 percent increase in supply reduces …

Persistent link: https://www.econbiz.de/10012468943

Firms and the Economics of Skilled Immigration

Kerr, Sari Pekkala - 2014

to date in understanding the impact of high skilled immigration from the perspective of the firm and the open areas that … call for more research. Since much of the U.S. immigration process for skilled workers rests in the hands of employer firms …

Persistent link: https://www.econbiz.de/10012458595

Occupational Labor Shortages: Concepts, Causes, Consequences, and Cures

Barnow, Burt S.; Trutko, John; Piatak, Jaclyn Schede - W.E. Upjohn Institute for Employment Research

Barnow, Trutko, and Piatak focus on whether persistent occupation-specific labor shortages might lead to inefficiencies in the U.S. economy. They describe why shortages arise, the difficulty in ascertaining that a shortage is present, and how to assess strategies to alleviate the shortage.

Persistent link: https://www.econbiz.de/10010850072

Arbeits- und Qualifikationsnachfrage im Telekom- und Mediensektor : Studie des Österreichischen Instituts für Wirtschaftsforschung im Auftrag des Wiener ArbeitnehmerInnen-Förderung...

Leo, Hannes - 2000

Persistent link: https://www.econbiz.de/10001486418

Market Structure and Monetary Non-neutrality

Mongey, Simon - National Bureau of Economic Research - 2021

I study a general equilibrium menu cost model with a continuum of sectors, idiosyncratic and aggregate shocks, and the novel feature that each sector consists of strategically engaged firms. Compared to an economy with monopolistically competitive sectors--separately parameterized to match the...

Persistent link: https://www.econbiz.de/10012629453

Tax Reform and Adjustment Costs : The Impact on Investment and Market Value

Auerbach, Alan J. - 1986

This paper derives analytical measures of the combined effects of tax changes and adjustment costs on investment and market value. Unlike earlier measures, the effective tax rate derived is valid in the presence of adjustment costs and anticipated tax changes. The derived measure of the impact...

Persistent link: https://www.econbiz.de/10012476966

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