Showing 1 - 10 of 97
Skill-Biased Technical Change is one of the most prominent explanations for the rise in wage inequality in the United … firms may decrease inequality. …
Persistent link: https://www.econbiz.de/10010957977
Using quarterly worker flow data of U.S. establishments, we find that an unexpected increase in uncertainty reduces hirings and quits, while it raises layoffs. This finding suggests that the real option effect of uncertainty is less important for employment decisions. Hence plants do not freeze...
Persistent link: https://www.econbiz.de/10011163887
Social networks are an important channel of information transmission in the labor market. In this paper investigate how displaced workers searching for new jobs benefit from information provided by their former coworkers. In line with the theoretical and empirical literature we find that the...
Persistent link: https://www.econbiz.de/10011164122
We investigate a crucial event for job satisfaction: changing the workplace. For representative German panel data, we show that the reason why the previous employment ended is strongly linked to the satisfaction with the new job. When workers initiate a change of employer, they experience...
Persistent link: https://www.econbiz.de/10011164193
Economic debate about the consequences of immigration in Germany has largely focused on the wage effects for natives at an aggregate level. Especially the role of imperfect substitutability of migrants and natives gained importance. A new micro oriented approach is to focus on the firm level by...
Persistent link: https://www.econbiz.de/10010955173
We analyze whether a principal s decision to layoff an agent affects the performance of the surviving agents. To study the impact of the decision in isolation, we conducted an experimental principal-agent game. We find that agents reduce their performance by 37% as a response to the decision....
Persistent link: https://www.econbiz.de/10010957953
This paper studies the conditional patterns of unemployment dynamics in Germany. We employ a structural VAR model and identify a technology shock and two policy shocks by using standard restrictions. Interestingly, the worker reallocation process varies substantially with the identified shocks....
Persistent link: https://www.econbiz.de/10010958083
Using a representative establishment dataset, this paper analyzes the incidence of wage posting and wage bargaining in the matching process. We show that both modes of wage determination coexist in the German labor market, with about two-thirds of hirings being characterized by wage posting....
Persistent link: https://www.econbiz.de/10010958140
This paper evaluates the strength of information flow from employed past coworkers on the re-employment duration of displaced workers due to plant closures in Austria. Using the Austrian Social Security Database (a matched employer-employee database) we exploit the panel structure of 36 years of...
Persistent link: https://www.econbiz.de/10010958141
plants in the employment growth distribution increase their worker turnover during booms. We also find that cyclical changes … booms. Consequently, increased labor turnover at growing plants is the main quantitative driver behind increased labor … turnover during booms. We argue that on the job search models are able to capture non-parallel shifts in the employment growth …
Persistent link: https://www.econbiz.de/10010986033