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 …

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and …

Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment … as a worker discipline device, considering the different degree of job security offered by the Italian Employment …

, measured in childhood, differentially predict the likelihood of employment for adult Norwegian men and women. Drawing on …