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, age, and prior growth. Relative to controls, employment at target establishments falls 3 percent over two years post … buyout and 6 percent over five years. However, target firms also create more new jobs at new establishments, and they acquire … modest one percent of employment over two years post buyout. In contrast, the sum of gross job creation and destruction at …
Persistent link: https://www.econbiz.de/10013035041
accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor … force attachment searching for employment after being subject to a mass layoff - thereby focusing on a group of job …
Persistent link: https://www.econbiz.de/10013054875
employment growth is negative at the plant level and positive in aggregate time series. Further, hours and employment growth are … about equally volatile at the plant level while hours growth is much less volatile than employment growth in the aggregate … critical for explaining plant-level moments on hours and employment. Aggregation generates time series implications which are …
Persistent link: https://www.econbiz.de/10013246389
A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and increases during booms. This paper provides a framework to assess the empirical importance of competing hypotheses for explaining the observed procyclicality. For each competing...
Persistent link: https://www.econbiz.de/10013219301