Showing 1 - 10 of 2,565
dismissal costs. We exploit the fact that costs for unjust dismissals in Italy increased for firms below 15 employees relative … to bigger firms after 1990. We find that the increase in dismissal costs after 1990 decreased accessions and separations … increase in dismissal costs had smaller effects on turnover for women in sectors faced with strict product market regulations. …
Persistent link: https://www.econbiz.de/10010274496
We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In …
Persistent link: https://www.econbiz.de/10010262756
In this article, we estimate the structure of costs of hiring, terminating, and retiring employees in France. We use a … representative panel data set of French establishments that contains direct measures of these various costs as well as measures of … of hiring into fixed-term contracts. But these costs are small in comparison to the costs of retiring or terminating …
Persistent link: https://www.econbiz.de/10010261918
Recent work criticises both the logic and relevance of the theoretical basis of the approach to estimating the costs of … household members consume market goods with given household income. The ?costs of children? are perceived essentially as market … consumption costs. This ignores the fact that an important, possibly preponderant element of child costs takes the form of …
Persistent link: https://www.econbiz.de/10010262367
dependence and placing the emphasis on their joint, forward-looking behavior. Using estimation of aggregate, private sector U … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … substantial role for aggregate labor market conditions in hiring costs, whereby the latter are lower in good times. The fit of the …
Persistent link: https://www.econbiz.de/10010287683
I use the PSID to decompose the rise in wage inequality into a permanent and a transitory component. I consider separately job stayers and job changers. I find that earnings instability (the variance of the transitory component of earnings) increased much more among job changers than among job...
Persistent link: https://www.econbiz.de/10010261646
Building upon a continuous-time model of search with Nash bargaining in a stationary environment, we analyze the effect of changes in minimum wages on labor market outcomes and welfare. While minimum wage increases invariably lead to employment losses in our model, they may be welfare-improving...
Persistent link: https://www.econbiz.de/10010261648
investment and physical capital. We find that a conventional specification – quadratic adjustment costs for capital and no hiring … costs – performs poorly. Rather hiring and investment flows, unlike employment and capital stocks, are volatile and both are …
Persistent link: https://www.econbiz.de/10010261658
When workers adopt technology at the point where the costs equal the increased productivity, output per worker … increases immediately, while the productivity benefits increase only gradually if the costs continue to fall. As a result …
Persistent link: https://www.econbiz.de/10010261864
This paper develops a multi-period model, in which workers are matched with jobs according to imperfect educational signals and in which their subsequent productivities depend on both their inherent ability and on the quality of the job match. It outlines a sequential process, in which underpaid...
Persistent link: https://www.econbiz.de/10010261976