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Fixed exchange-rate policy and real wage growth : quasi-experimental evidence
Andini, Corrado - 2014
Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests …
Persistent link: https://www.econbiz.de/10010457884
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Employment reallocation over the business cycle: evidence from Danish data
Bertheau, Antoine; Bunzel, Henning; Vejlin, Rune Majlund - 2020
We present new evidence on how employment growth varies across firm types (size, productivity, and wage) and over the … hirings from/to employment (poaching) and net hirings from nonemployment. High-productivity firms are the most growing firms …
Persistent link: https://www.econbiz.de/10012290637
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The German manufacturing sector is a granular economy
Wagner, Joachim - 2011
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10009519874
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Dispersion in dispersion: measuring establishment-level differences in productivity
Cunningham, Cindy; Foster, Lucia; Grim, Cheryl; … - 2021
We describe new experimental productivity statistics, Dispersion Statistics on Productivity (DiSP), jointly developed … and published by the Bureau of Labor Statistics (BLS) and the Census Bureau. Official BLS productivity statistics provide … information on aggregate productivity growth. Yet, a large body of research shows that within-industry variation in productivity …
Persistent link: https://www.econbiz.de/10012550217
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The impact of the unemployment benefit system on international spillover effects
Beissinger, Thomas; Büsse, Oliver - 2002
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The...
Persistent link: https://www.econbiz.de/10011415263
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The quality-complementarity hypothesis : theory and evidence from Colombia
Kugler, Maurice (contributor); Verhoogen, Eric (contributor) - 2009
, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this …
Persistent link: https://www.econbiz.de/10003794048
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Equilibrium job turnover and the business cycle
Carrillo-Tudela, Carlos; Clymo, Alex; Coles, Melvyn Glyn - 2021
aggregate productivity shocks. Those microfoundations are consistent with evidence regarding the underlying distribution of firm …
Persistent link: https://www.econbiz.de/10012703053
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The inexorable recoveries of unemployment
Hall, Robert Ernest; Kudlyak, Marianna - 2022
Unemployment recoveries in the US have been inexorable. Between 1948 and 2019, the annual reduction in the unemployment rate during cyclical recoveries was fairly tightly distributed around 0.1 log points per year. The economy seems to have an irresistible force toward restoring full employment....
Persistent link: https://www.econbiz.de/10013168884
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Energy prices, pass-through, and incidence in U.S. manufacturing
Ganapati, Sharat; Shapiro, Joseph S.; Walker, Reed - 2016
This paper studies how increases in energy input costs for production are split between consumers and producers via changes in product prices (i.e., pass-through). We show that in markets characterized by imperfect competition, marginal cost pass-through, a demand elasticity, and a price-cost...
Persistent link: https://www.econbiz.de/10011476284
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Exports, imports and wages : evidence from matched firm-worker-product panels
Martins, Pedro S.; Opromolla, Luca David - 2009
The analysis of the effects of firm-level international trade on wages has so far focused on the role of exports, which are also typically treated as a composite good. However, we show in this paper that firm-level imports can actually be a wage determinant as important as exports. Furthermore,...
Persistent link: https://www.econbiz.de/10003931298