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In this paper, we explore empirically the role of openness, technology and labour market rigidity in the determination of the effect of the exchange rate on employment in Portugal. We develop an index that allows us to measure labour market flexibility at the sector level. This index shows that...
Persistent link: https://www.econbiz.de/10013136773
. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition …
Persistent link: https://www.econbiz.de/10013159338
Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in a large heterogeneity of flows and excess turnover. Large and older firms have lower flows, but high excess turnover rates. In small firms, hires and separations move...
Persistent link: https://www.econbiz.de/10013153497
We estimate how much of the gains from productivity spillovers through worker mobility is retained by the hiring firms …
Persistent link: https://www.econbiz.de/10013034787
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10013099092
Positive assortative matching implies that high productivity workers and firms match together. However, there is almost …
Persistent link: https://www.econbiz.de/10013104657
overall productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it … productivity losses. We estimate substitution elasticities across various types of temporary contracts that are consistent with …
Persistent link: https://www.econbiz.de/10013106655
In a two-sector, general-equilibrium model with labor-market search frictions, we find that wage increases and sectoral unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the sector with the lower (or equal) vacancy...
Persistent link: https://www.econbiz.de/10013160305
From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth … or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such … and used these inputs to estimate the short-run and long-run relationship between labor market flows, labor productivity …
Persistent link: https://www.econbiz.de/10012982122
We investigate whether workers reallocate up firm productivity and wage job ladders, and the cyclicality of this … process. We document that productivity is a better measure of the job ladder than the average wage, since high productivity … cycle differs between the firm wage and productivity ladders. In recessions, employment decreases more in low than in high …
Persistent link: https://www.econbiz.de/10014258016