How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … skills, while firms require and value different combinations of these skills. Assuming that match productivity exhibits … worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …

businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …. More competition-friendly regulations, as measured by the OECDs' Product Market Regulation (PMR) indicator improve economic …

terms of both employment and wages for native workers. In contrast, documented immigration leads to a fall in natives …' employment due to its weaker job creation effect. A policy of stricter immigration enforcement, simulated by a rise in the …

fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor …-intensive inputs to the labor-abundant countries than low-productivity firms. Differently from the traditional versions of factor … intensity across firms that is positively correlated with firm productivity. Using French firm-level data for the years 1996 to …

The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s … percent. We examine whether relatively standard wage and employment equations can account for the volatile economic … demand equations suggest that cuts in working time may have slightly increased employment as firms substituted workers for …

the share of the outsourced workforce is not too large, this wage moderation effect on domestic employment outweighs the … direct substitution effect so that domestic employment increases in unionized firms as outsourcing costs fall. This does not … for employment. However, except for low outsourcing activities, the impact of these policy measures will become smaller as …

explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …

The role of product market reforms in achieving the objective of higher employment and growth has recently received …