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vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real …
Persistent link: https://www.econbiz.de/10008779865
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10009309510
In this paper we use information on the cyclical variation of labor market participation to learn about the aggregate labor supply elasticity. For this purpose, we extend the standard labor market matching model to allow for endogenous participation. A model that is calibrated to replicate the...
Persistent link: https://www.econbiz.de/10009516939
Based on data from a cross section of U.S. metro areas, we show that public employment correlates negatively with … business cycle volatility, hinting at a stabilizing effect of public employment, while public wages correlate weakly and … generate wage-reducing and stabilizing effects of public employment. Without this mechanism, a search and matching model cannot …
Persistent link: https://www.econbiz.de/10011480769
Persistent link: https://www.econbiz.de/10002741992
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We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially … margin based on a stock-flow framework. The evolution of part-time employment is predominantly explained by cyclical changes … in transitions between full-time and part-time employment, which occur overwhelmingly at the same employer and entail …
Persistent link: https://www.econbiz.de/10011455784
Will the current employment crisis produce lost generations with permanently lower labour market attachment? Taking an … explicit cohort perspective and based on Danish data we do not find strong persistence in employment rates at the cohort level … assessments of persistence in aggregate employment rates. …
Persistent link: https://www.econbiz.de/10010226817
fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …
Persistent link: https://www.econbiz.de/10010502790