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Uncovering the mechanism(s): financial constraints and wages

Arabzadeh, Hamzeh; Balleer, Almut; Gehrke, Britta - 2020

How do wages respond to financial recessions? Based on a dynamic macroeconomic model with frictions in the labor and … and explore their effect on wages. First, the financial labor wedge reduces wages. Second, financial constraints may … interact with aggregate labor market conditions in various ways putting upward or downward pressure on wages. We test partial …

Persistent link: https://www.econbiz.de/10012389827

Good job, bad job, no job? : ethnicity and employment quality for men in the UK

Clark, Kenneth; Ochmann, Nico - 2022

Ethnic minority men find it harder to obtain good jobs in the UK labour market than White British men. Over time, while the very high unemployment rates experienced by some non-white ethnic groups have significantly declined and their share of good jobs has grown, their share of bad jobs has...

Persistent link: https://www.econbiz.de/10012888433

Countercyclical recruiting rates and the value of jobs

Yashiv, Eran - 2015

U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...

Persistent link: https://www.econbiz.de/10011346601

Long live the vacancy

Häfke, Christian; Reiter, Michael - 2020

vacancy longevity for modeling and calibration, in particular regarding match cyclicality and wages. When calibrated to the …

Persistent link: https://www.econbiz.de/10012288522

Employer-to-employer mobility and wages in Europe and the United States

Borowczyk-Martins, Daniel - 2025

I produce novel evidence on worker reallocation across employers and between employment and nonemployment/unemployment for several European countries over the past two decades. I construct a dataset of monthly transition rates by developing a novel approach to measure them using cross-sectional...

Persistent link: https://www.econbiz.de/10015206800

Beliefs- and fundamentals-driven job creation

Schnattinger, Philip - 2023

Persistent link: https://www.econbiz.de/10014373764

Does short-time work save jobs? : a business cycle analysis

Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - 2013

In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...

Persistent link: https://www.econbiz.de/10009763124

Macroeconomic determinants of retirement timing

Gorodnichenko, Yuriy; Song, Jae; Stolyarov, Dmitriy - 2013

We analyze lifetime earnings histories of white males during 1960-2010 and categorize the labor force status of every worker as either working full-time, partially retired or fully retired. We find that the fraction of partially retired workers has risen dramatically (from virtually 0 to 15...

Persistent link: https://www.econbiz.de/10010221835

Does high home-ownership impair the labor market?

Blanchflower, David G.; Oswald, Andrew J. - 2013

This study explores the hypothesis that high home-ownership damages the labor market. We show that rises in the home-ownership rate in a U.S. state are a precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home-ownership in a...

Persistent link: https://www.econbiz.de/10010195450

Flight of the H-1B : inter-firm mobility and return migration patterns for skilled guest workers

Depew, Briggs; Norlander, Peter; Sorensen, Todd - 2013

Critics of the H-1B program for high-skilled workers argue that the program restricts immigrant job mobility and lacks a vehicle for adjusting the number of visas during a recession. We study the job mobility of highly-skilled Indian IT guest workers and provide new evidence on their inter-firm...

Persistent link: https://www.econbiz.de/10009757438