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different consequences for the costs of recessions. Using U.S. employer-employee data, we find that employment growth at low …
Persistent link: https://www.econbiz.de/10013043613
We examine the employment responses to import competition from China and to global export expansion from the United …
Persistent link: https://www.econbiz.de/10012942703
Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced recently …, over the last 35 years. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions …, despite recoveries in aggregate output. We show how these two phenomena are related. First, essentially all employment loss in …
Persistent link: https://www.econbiz.de/10013101513
, both in gross and net terms. We employ a variety of measures of relative employment growth, employer size and … cyclical behavior. The differential growth rate of employment between large (gt;1000 employees) and small (lt;50) firms varies …
Persistent link: https://www.econbiz.de/10012757713
explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …
Persistent link: https://www.econbiz.de/10012856527
existing literature, we construct predicted employment growth indices that allow us to separately identify demand … health. These patterns, which are consistent with previous findings on the effects of individual parental employment and job …
Persistent link: https://www.econbiz.de/10012987132
, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10012903630
A model is presented in which people base their labor search strategy on the average wage and the average unemployment duration of people who belong to their peer group. It is shown that, if the distribution of wage offers is not stationary so lower wage offers tend to arrive before higher wage...
Persistent link: https://www.econbiz.de/10013096135
This paper argues that a risk-averse worker's after-tax reservation wage encodes all the relevant information about her welfare. This insight leads to a novel test for the optimality of unemployment insurance based on the responsiveness of reservation wages to unemployment benefits. Some...
Persistent link: https://www.econbiz.de/10012760612
The paper is an empirical cross-section study of the retirement decisions of American white men between the ages of 58 and 67. predicated on the theoretical notion that an individual retires when his reservation wage exceeds his market wage. Reservation wages are derived from an explicit utility...
Persistent link: https://www.econbiz.de/10013226093