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Impact of privatization on employment and earnings : workers and policymakers may fear that privatization leads to job losses and wage cuts, but what's the empirical evidence?
Earle, John S. - 2014
Conventional wisdom and prevailing economic theory hold that the new owners of a privatized firm will cut jobs and wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on employment, wages, and productivity. Evidence generally...
Persistent link: https://www.econbiz.de/10011421952
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Structural change revisited : the rise of manufacturing jobs in the service sector
Boddin, Dominik; Kroeger, Thilo - 2021
This paper reconsiders the labor market consequences of structural change over the past 43 years. Taking two different ways of defining manufacturing and service employment as point of departure - according to the industry classification of firms or establishments and according to the occupation...
Persistent link: https://www.econbiz.de/10012651531
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The long-term earnings' effects of a credit market disruption
Adamopoulou, Effrosyni; De Philippis, Marta; Sette, Enrico - 2023
This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms’ and...
Persistent link: https://www.econbiz.de/10014440036
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Measuring employment and unemployment : should statistical criteria for measuring employment and unemployment be re-examined?
Brandolini, Andrea; Viviano, Eliana - 2018
Measuring employment and unemployment is essential for economic policy. Internationally agreed measures (e.g. headcount … employment and unemployment rates based on standard definitions) enhance comparability across time and space, but changes in real …
Persistent link: https://www.econbiz.de/10011892434
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Structural or cyclic? : labor markets in recessions : how should policy respond to higher unemployment?
Lazear, Edward P. - 2014
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011413609
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Can hiring subsidies benefit the unemployed? : hiring subsidies can be a very cost-effective way of helping the unemployed, but only when they are carefully targeted
Brown, Alessio J. G. - 2015
Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects …, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment … costeffective and efficient means of reducing unemployment, during both periods of economic stability and recovery. …
Persistent link: https://www.econbiz.de/10011432202
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How can temporary work agencies provide more training? : staffing agencies could play a more prominent role in the provision of training for the low qualified and previously unempl...
Spermann, Alexander - 2016
to more sustainable employment. Adjustments in labor market institutions could make the provision of training more …
Persistent link: https://www.econbiz.de/10011456169
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Short-time work compensations and employment : temporary government schemes can have a positive economic effect
Cahuc, Pierre - 2014
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011413675
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Recruiting intensity : recruiting intensity is critical for understanding fluctuations in the labor market
Faberman, R. Jason - 2014
When hiring new workers, employers use a wide variety of different recruiting methods in addition to posting a vacancy announcement, such as adjusting education, experience or technical requirements, or offering higher wages. The intensity with which employers make use of these alternative...
Persistent link: https://www.econbiz.de/10011414176
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Current unemployment variance decomposition and consequences of using proxies
Corseuil, Carlos Henrique; Foguel, Miguel Nathan; … - 2021
We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …
Persistent link: https://www.econbiz.de/10012624854