Similar Search Results

Spurring Job Creation in Response to Severe Recessions : Reconsidering Hiring Credits

Neumark, David - 2011

The continuing adverse labor market effects of the Great Recession have intensified interest in policy efforts to spur job creation. In periods when labor demand and supply are in balance, either hiring credits or worker subsidies can be used to boost employment - hiring credits by reducing...

Persistent link: https://www.econbiz.de/10013128608

Individual and Aggregate Labor Supply with Coordinated Working Times

Rogerson, Richard - 2010

I analyze two extensions to the standard model of life cycle labor supply that feature operative choices along both the intensive and extensive margin. The first assumes that individuals face different continuous wage-hours schedules. The second assumes that all work must be coordinated across...

Persistent link: https://www.econbiz.de/10013134860

Dynamic Labor Demand in China : Public and Private Objectives

Cooper, Russell - 2010

This paper studies dynamic labor demand by private and public manufacturing plants in China. It contributes along two dimensions. First, it uncovers the objectives of public enterprises and compares them to private enterprises. Second, it estimates adjustment costs of these plants and thus their...

Persistent link: https://www.econbiz.de/10013136558

A Genral Model of Dynamic Labor Demand

Hamermesh, Daniel S. - 2010

This study derives and estimates a dynamic model of factor demand that includes both fixed and quadratic variable costs of adjustment. Using quarterly data on the employment of mechanics at seven airlines, it finds that both types of adjustment costs characterize the dynamic constraints facing...

Persistent link: https://www.econbiz.de/10013138397

Rethinking the Area Approach : Immigrants and the Labor Market in California, 1960-2005

Peri, Giovanni - 2010

I show that a CES production-function-based approach with skill differentiation and integrated national labor markets … employment (rather than wage) response by skill to immigration in a state, I can estimate the substitutability … of the Mexican Population to predict immigration by skill level within California. Looking at immigration to California …

Persistent link: https://www.econbiz.de/10013139895

Rent-Sharing, Holdup, and Wages : Evidence from Matched Panel Data

Card, David - 2010

When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...

Persistent link: https://www.econbiz.de/10013140998

Partial Adjustment Without Apology

King, Robert G. - 2012

Many kinds of economic behavior appear to be governed by discrete and occasional individual choices. Despite this, econometric partial adjustment models perform relatively well at the aggregate level. Analyzing the classic employment adjustment problem, we show how discrete and occasional...

Persistent link: https://www.econbiz.de/10013115532

A Formal Test of Assortative Matching in the Labor Market

Abowd, John M. - 2012

We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...

Persistent link: https://www.econbiz.de/10013116589

A Theory of Monitoring and Internal Labor Markets

Bose, Gautam - 2011

We analyze a firm's job-assignment and worker-monitoring decisions when workers face occasional crises. Firms prefer to assign good workers to a difficult task and to not employ bad workers. Firms observe failures but only observe successfully resolved crises if they monitor the worker. If...

Persistent link: https://www.econbiz.de/10013118123

Financial Markets and Unemployment

Monacelli, Tommaso - 2011

We study the importance of financial markets for (un)employment fluctuations in a model with searching and matching frictions where firms issue debt under limited enforcement. Higher debt allows employers to bargain lower wages which in turn increases the incentive to create jobs. The...

Persistent link: https://www.econbiz.de/10013120317

1
2
3
4
5
6
7
8
9
10
Next
Last