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employment. Using estimates of adjustment costs and employment volatility for four-digit manufacturing industries, the paper … finds empirical support for the model: Among four-digit industries facing similar choices of production process, those with …
Persistent link: https://www.econbiz.de/10005720976
that industries with lower establishment survival rates have more employee turnover, even after controlling for differences …
Persistent link: https://www.econbiz.de/10005721155
Persistent link: https://www.econbiz.de/10005721173
Workers who lose their jobs can become re-employed either by being recalled to their previous employers or by finding new jobs. Workers' chances for recall should influence their job search strategies, so the rates of exit from unemployment by these two routes should be directly related. We...
Persistent link: https://www.econbiz.de/10005721251
This paper presents a framework to study movements in the matching efficiency of the labor market and highlights two observable factors affecting matching efficiency: (i) unemployment composition and (ii) dispersion in labor market conditions, the fact that tight labor markets coexist with slack...
Persistent link: https://www.econbiz.de/10008872033
Using a band pass filter, this paper estimates plant-level job flows at different frequencies and examines the characteristics of the high frequency (transitory) and low frequency (permanent) component flows. Because high frequency employment movements, which likely result in changes in the...
Persistent link: https://www.econbiz.de/10005393626
correlation between gross permanent employment changes and capital intensity across industries supports the hypothesis that …
Persistent link: https://www.econbiz.de/10005393748
Persistent link: https://www.econbiz.de/10005393937
We estimate the employment effects of changes in national minimum wages using a pooled cross-section time-series data set comprising 17 OECD countries for the period 1975-2000, focusing on the impact of cross-country differences in minimum wage systems and in other labor market institutions and...
Persistent link: https://www.econbiz.de/10005393993
This paper examines the underlying state of the labor market, assuming data in the monthly "Employment Situation" are contaminated by measurement error and other transient noise. To better filter out unobserved noise, the methodology exploits correlations among labor-market series. Household...
Persistent link: https://www.econbiz.de/10005394036