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We provide a unified discussion of the relations among flows of workers, changes in employment and changes in the … number of jobs at the level of the firm. Using the only available set of data (a nationally representative sample of Dutch … firms in 1988 and 1990) we discover that: 1) Nearly half of all hiring is by firms where employment is not growing; 2) Over …
Persistent link: https://www.econbiz.de/10013246251
Unemployment Compensation, and the likely impacts of that Commission and economists' research findings on policy. Using a … effects of unemployment insurance, with the degree of recognition proportional to the strength of the consensus among …
Persistent link: https://www.econbiz.de/10013216513
This essay sets out a framework for evaluating empirical work in terms of the ability of the data to provide adequate parameter estimates and hypothesis tests about the true underlying structure. Problems of aggregation, representativeness and structural change are discussed in detail. These...
Persistent link: https://www.econbiz.de/10013244384
I argue for increased reliance on non-U.S. data and policy evaluations to understand basic labor- market parameters and to predict the effects of changes in U.S. labor-market policies. Foreign experiences generate exogenous shocks to labor costs that create unusual opportunities to measure...
Persistent link: https://www.econbiz.de/10013312473
jumps. Employment is unchanged in response to small demand shocks, but moves instantaneously to a new long-run equilibrium … listing of job vacancies, all of which change the cost of adjusting employment …
Persistent link: https://www.econbiz.de/10013141117
risk. Using Panel Study of Income Dynamics data linked to industry data on injuries and unemployment, we find:1) Nearly all … loss; 2) Similarly, nearly all the compensation for losses due to cyclical unemployment is compensation for increases in … duration, especially for increases in duration beyond the 26 weeks of unemployment that are usually compensated by unemployment …
Persistent link: https://www.econbiz.de/10013244902
This study examines the relative economic well-being of households that receive unemployment insurance (UI) benefits …, as measured by consumption flows that are derived from information on households' spending in the Consumer Expenditure …
Persistent link: https://www.econbiz.de/10013294770
The theory of the dynamics of labor demand is based either on the costs of adjusting the level of employment or on the … costs of hiring or firing (of gross changes in employment). We write down a generalized cost of adjustment function that … - maximizing path of employment demand and the Euler equation whose parameters we estimate. Identifying the two types of costs …
Persistent link: https://www.econbiz.de/10013221870
-work time is substantial and varies positively with the local unemployment rate. While average time spent by workers in non …-work conditional on any positive amount rises with the unemployment rate, the fraction of workers reporting positive values varies pro …-work with wage rates and measures of unemployment benefits in state data linked to the ATUS, and it is consistent with estimated …
Persistent link: https://www.econbiz.de/10013000516
labor markets, even though regulation generates lower employment and income. Empirically, we do find that individuals who …
Persistent link: https://www.econbiz.de/10013147612