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Financial distress and the role of management in micro and small-sized firms
Alexandre, Fernando; Cruz, Sara; Portela, Miguel - 2020
In this paper, we focus on managerial characteristics of micro and small-sized firms. Using linked employer-employee data on the Portuguese economy for the 2010-2018 period, we estimate the impact of management teams' human capital on the probability of firms becoming financially distressed and...
Persistent link: https://www.econbiz.de/10012294788
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Why is old workers' labor market more volatile? : unemployment fluctuations over the life-cycle
Hairault, Jean-Olivier; Langot, François; Sopraseuth, … - 2014
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10010339640
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Employment and hours over the business cycle in a model with search frictions
Kudoh, Noritaka; Miyamoto, Hiroaki; Sasaki, Masaru - 2015
This paper studies a labor market search-matching model with multi-worker firms to investigate how firms utilize the …
Persistent link: https://www.econbiz.de/10010502792
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Information, intermediaries, and international migration
Bazzi, Samuel; Cameron, Lisa Ann; Schaner, Simone; … - 2021
increase in the option value of search: with better ability to differentiate offer quality, workers become choosier and …
Persistent link: https://www.econbiz.de/10012795404
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Social networks and the labour market
Afridi, Farzana; Dhillon, Amrita - 2022
prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
Persistent link: https://www.econbiz.de/10013471132
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Labor market dynamics with sorting
Schulz, Bastian - 2023
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014366741
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Simultaneous search and adverse selection
Auster, Sarah; Gottardi, Piero; Wolthoff, Ronald - 2024
We study the effect of diminishing search frictions in markets with adverse selection by presenting a model in which …
Persistent link: https://www.econbiz.de/10014494073
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Layoff costs and learning about employer financial distress
Kostøl, Andreas Ravndal; Merkle, Matthew C.; … - 2024
distress, search for jobs and access public insurance. Using the model, we calculate that employees' willingness to pay for …
Persistent link: https://www.econbiz.de/10015075348
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Labor market policy evaluation in equilibrium : some lessons of the job search and matching model
Cahuc, Pierre (contributor);  … - 2008
We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns …
Persistent link: https://www.econbiz.de/10003755519
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Do targeted hiring subsidies and profiling techniques reduce unemployment?
Jahn, Elke J. (contributor); Wagner, Thomas (contributor) - 2008
effect on employment and wages, we devise a model with two types of unemployed and two methods of search, a public employment … service (PES) and random search. The eligibility of a new match depends on the applicant's unemployment duration and on the … method of search. The hiring subsidy raises job destruction and extends contrary to Mortensen-Pissarides (1999, 2003) the …
Persistent link: https://www.econbiz.de/10003763137