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points relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the … most important determinant of the hazard rate from employment. Differences in mean 1990 wages explain more than half of the … gender gap in this hazard rate, since low earners were more likely to leave employment, and were disproportionately female …
Persistent link: https://www.econbiz.de/10013322114
We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical data from the Ifo Institute's Business Climate Survey. We find that firms' forecasts improve as they age. We also exploit German Reunification as a natural experiment where firms...
Persistent link: https://www.econbiz.de/10013079209
Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering export markets. Although this mechanism is often mentioned in policy documents, a significant share of econometric studies has not found evidence for this hypothesis. This paper...
Persistent link: https://www.econbiz.de/10013068993
This paper examines the relative benefits of general education and vocational training in Romania, a country which experienced major technological and institutional change during its transition from Communism to a market economy. To avoid the bias caused by non-random selection, we exploit a...
Persistent link: https://www.econbiz.de/10012758605
implications of Renminbi (RMB) real exchange rate appreciation for adjustments in employment and wage rates. We stress differences … real exchange rate appreciation would likely have pronounced effects on both net employment and wage rates. A 10% RMB … appreciation would likely cause a net employment decline in Chinese manufacturing industries of between 4.1% and 5.3%, and a wage …
Persistent link: https://www.econbiz.de/10013118843
or younger. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Mexico is …
Persistent link: https://www.econbiz.de/10013066002
, age, and prior growth. Relative to controls, employment at target establishments declines 3 percent over two years post … at target firms are less than 1 percent of initial employment. In contrast, the sum of gross job creation and destruction … at target firms exceeds that of controls by 13 percent of employment over two years. In short, private equity buyouts …
Persistent link: https://www.econbiz.de/10013067389
discontinuity design to estimate the impact of unionization on business survival, employment, output, productivity, and wages …
Persistent link: https://www.econbiz.de/10013223179
relative to non-exporters. Employment, shipments and capital intensity are all higher at exporters at any given moment. This … exporters. The benefits of exporting for the firm are less clear. Employment" growth and the probability of survival are both …
Persistent link: https://www.econbiz.de/10013246269
, we exploit the recently developed Longitudinal Business Database (LBD), which contains annual observations on employment …, the employment-weighted mean volatility of firm growth rates has declined by more than 40% since 1982. This result stands … volatility among privately held firms. This pattern holds in every major industry group. Employment shifts toward older …
Persistent link: https://www.econbiz.de/10012752211