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Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective
Sahin, Afsin; Tansel, Aysit; Berument, Hakan - 2013
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the … period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are … long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels for seven …
Persistent link: https://www.econbiz.de/10010329177
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Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence
Snell, Andy; Stüber, Heiko; Thomas, Jonathan P. - 2018
Recent dynamic contracting models of downward real wage rigidity with "equal treatment" – newly hired workers cannot price themselves into jobs by undercutting incumbents – imply that real wages are relatively rigid in "bad" times but upwardly flexible during "good" times. We use an...
Persistent link: https://www.econbiz.de/10011873508
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10010278021
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Employment Adjustment and Part-time Jobs: The U.S. and the U.K. in the Great Recession
Borowczyk-Martins, Daniel; Lalé, Etienne - 2016
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially … margin based on a stock-flow framework. The evolution of part-time employment is predominantly explained by cyclical changes … in transitions between full-time and part-time employment, which occur overwhelmingly at the same employer and entail …
Persistent link: https://www.econbiz.de/10011479365
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The Great Canadian Recovery: The Impact of COVID-19 on Canada's Labour Market
Jones, Stephen R. G.; Lange, Fabian; Riddell, W. Craig; … - 2022
temporary severing of employment relationships followed by a phase of more standard labour market search and matching, we use … stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …
Persistent link: https://www.econbiz.de/10013351943
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Man-cessions, Fiscal Policy, and the Gender Composition of Employment
Bredemeier, Christian; Jüßen, Falko; Winkler, Roland - 2015
fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …
Persistent link: https://www.econbiz.de/10010513222
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Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective
Sahin, Afsin; Tansel, Aysit; Berument, Hakan - Institute for the Study of Labor (IZA) - 2013
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the … period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are … long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels for seven …
Persistent link: https://www.econbiz.de/10010884236
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Man-cessions, Fiscal Policy, and the Gender Composition of Employment
Bredemeier, Christian; Juessen, Falko; Winkler, Roland - Institute for the Study of Labor (IZA) - 2015
fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …
Persistent link: https://www.econbiz.de/10011214037
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An Incentive Theory of Matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004961441
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Efficiency and Labor Market Dynamics in a Model of Labor Selection
Chugh, Sanjay K.; Merkl, Christian - 2015
This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10011345350