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participation and creating worker shortages in high-demand industries. In this context, immigration will help reduce costs in key … inequality. Reforms should therefore modestly increase overall immigration over time, while shifting its composition somewhat …
Persistent link: https://www.econbiz.de/10012153549
We study the labor demand effect of immigration on local labor markets by exploiting the fact that refugees in Germany … are banned from working in the first few months after arrival. This natural experiment allows isolating a pure immigration … demand effects complements the literature that isolates labor supply shocks from immigration, so as to gain a more …
Persistent link: https://www.econbiz.de/10013472028
A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, whether they depend on net or gross changes in employment. We estimate a structural model of dynamic labour demand where the firm faces adjustment costs related to gross and net changes in its...
Persistent link: https://www.econbiz.de/10003758946
Temporary forms of employment account for a variable but never trivial share of total employment in both the U.S. and in Europe. In this article we look at how one specific form of temporary employment - employment with fixed-term contracts - fits into employers' hiring policies. We find that...
Persistent link: https://www.econbiz.de/10003894789
The consequences of aggregation, temporal or spatial, for the estimation of demand models are theoretically well-known, but have not been documented empirically with appropriate data before. In this paper we conduct a simple, but instructive, exercise to fill in this gap, using a large quarterly...
Persistent link: https://www.econbiz.de/10003577796
This paper estimates a structural model of the employment decision of the firm. Our establishment level data displays an extreme degree of rigidity in that employment levels are largely constant throughout our sample. This can be due to the fact that establishments face large shocks but also...
Persistent link: https://www.econbiz.de/10003561662
A structural model is developed and estimated by a maximum likelihood routine to investigate interrelated factor demand subject to nonconvex adjustment costs. The dataset concerns Norwegian plants operating in manufacturing industries and it covers the period 1993-2005. The estimates indicate...
Persistent link: https://www.econbiz.de/10009312924
In this paper we conduct a theoretical analysis of the implications of a union which can exploit the existence of firm labour adjustment costs. We consider a model involving a large number of identical firms facing a single, economy-wide union. We solve (i) for the Markov perfect equilibria with...
Persistent link: https://www.econbiz.de/10011339692
China's emergence as a great economic power has induced an epochal shift in patterns of world trade. Simultaneously, it has challenged much of the received empirical wisdom about how labor markets adjust to trade shocks. Alongside the heralded consumer benefits of expanded trade are substantial...
Persistent link: https://www.econbiz.de/10011452672
The purpose of this paper is to develop a model that integrates inventory and labor decisions. We extend a model of inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs associated with it. In particular, we distinguish...
Persistent link: https://www.econbiz.de/10011406897