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Slow to Hire, Quick to Fire : Employment Dynamics with Asymmetric Responses to News

Ilut, Cosmin L. - 2017

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 …

Persistent link: https://www.econbiz.de/10012956881

Uncertainty and the Employment Dynamics of Small and Large Businesses

Ghosal, Vivek - 2014

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally … non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we …

Persistent link: https://www.econbiz.de/10013043595

Physical Disability and Labor Market Discrimination : Evidence from a Field Experiment

Bellemare, Charles - 2018

We investigate the determinants and extent of labor market discrimination toward people with physical disabilities using a large scale field experiment. Applications were randomly sent to 1477 private firms advertising open positions. We find that average callback rates of disabled and...

Persistent link: https://www.econbiz.de/10012916941

Labor Market Pooling, Outsourcing and Labor Contracts

Picard, Pierre M.; Wildasin, David E. - 2014

Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from...

Persistent link: https://www.econbiz.de/10014204210

Two-Way Migration between Similar Countries

Kreickemeier, Udo - 2015

We develop a model to explain two-way migration of high-skilled individuals between countries that are similar in their economic characteristics. High-skilled migration results from the combination of workers whose abilities are private knowledge, and a production technology that gives...

Persistent link: https://www.econbiz.de/10013010487

The Effect of the Real Oil Price on Regional Wage Dispersion

Kehrig, Matthias - 2017

We find that oil supply shocks decrease average real wages, particularly skilled wages, and increase wage dispersion across regions, particularly unskilled wage dispersion. In a model with spatial energy intensity differences and nontradables, labor demand shifts, while explaining the response...

Persistent link: https://www.econbiz.de/10012956903

Efficient Firm Dynamics in a Frictional Labor Market

Kaas, Leo - 2015

The introduction of firm size into labor search models raises the question how wages are set when average and marginal product differ. We develop and analyze an alternative to the existing bargaining framework: Firms compete for labor by publicly posting long–term contracts. In such a...

Persistent link: https://www.econbiz.de/10013038280