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associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10010262792
associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10005703129
This paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on …-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over …
Persistent link: https://www.econbiz.de/10010265395
estimates are statistically insignificant. By contrast, a parallel analysis of workers employed fewer than 20 hours per week …. We find no evidence suggesting that the law reduced employment probabilities. …
Persistent link: https://www.econbiz.de/10010269095
costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …
Persistent link: https://www.econbiz.de/10010292491
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …, recent studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of …
Persistent link: https://www.econbiz.de/10005822686
a wage increasing effect via labor demand elasticity so that outsourcing and employment effects are also ambiguous. …
Persistent link: https://www.econbiz.de/10010269678
We analyze the impact of international outsourcing on income, if the domestic labor market is imperfect. We distinguish in our analysis between the case where the parties negotiate over the wage only and where they negotiate over both wage and profit share. We find that in the first case...
Persistent link: https://www.econbiz.de/10010271390
period and firms react by choosing employment, and (ii) for the commitment equilibria where the union can precommit to the … entire (infinite) sequence of wages. We conclude that the speed of adjustment of employment, that is higher in the … employment and wages only in the no-commitment case, i.e., the higher the relevance of adjustment costs the higher the wage and …
Persistent link: https://www.econbiz.de/10010262431
costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …
Persistent link: https://www.econbiz.de/10005762091