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Risk Shifting, Unemployment Insurance, and Layoffs
Grossman, Herschel I. - 2021
analysis focuses on the interaction between contractual arrangements for shifting risk from workers to employers and tax …-financed unemployment insurance. The key element in the analysis is that unemployment insurance is more attractive than risk shifting as a … way for workers to obtain income during unemployment. The paper also analyses the effects of risk shifting and …
Persistent link: https://www.econbiz.de/10013214609
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Job Loss in the Great Recession and its Aftermath : U.S. Evidence from the Displaced Workers Survey
Farber, Henry S. - 2015
The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which, by some measures, it has not completely recovered. I use data from the Displaced Workers Survey (DWS) from 1984-2014 to investigate the incidence and consequences of job...
Persistent link: https://www.econbiz.de/10013021879
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Job Security and Work Force Adjustment : How Different are U.S. And Japanese Practices?
Abraham, Katharine G.; Houseman, Susan N. - 2021
This paper compares employment and hours adjustment in Japanese and U.S. manufacturing. In contrast to some previous work, we find that adjustment of total labor input to demand changes is significantly greater in the United States than in Japan; adjustment of employment is significantly greater...
Persistent link: https://www.econbiz.de/10013216120
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The Changing Face of Job Loss in the United States, 1981-1993
Farber, Henry S. - 2021
I examine changes in the incidence and consequences of job loss by reported cause between 1981 and 1993 using data from Displaced Workers Surveys (DWS), conducted as part of the Current Population Survey (CPS) in even years since 1984. The overall rate of job loss is up somewhat in the 1990s....
Persistent link: https://www.econbiz.de/10013232904
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Job Loss, Job Finding, and Unemployment in the U.S. Economy Over the Past Fifty Years
Hall, Robert E. - 2021
New data compel a new view of events in the labor market during a recession. Unemployment rises almost entirely because jobs become harder to find. Recessions involve little increase in the flow of workers out of jobs. Another important finding from new data is that a large fraction of workers...
Persistent link: https://www.econbiz.de/10013313246
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Job Loss in the United States, 1981-2001
Farber, Henry S. - 2022
I examine changes in the incidence and consequences of job loss between 1981 and 2001 using data from the Displaced Workers Surveys (DWS) from 1984-2002. The overall rate of job loss has a strong counter-cyclical component, but the job loss rate was higher than might have been expected during...
Persistent link: https://www.econbiz.de/10014084950
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The Long Road to the Fast Track : Career and Family
Goldin, Claudia - 2021
The career and family outcomes of college graduate women suggest that the twentieth century contained five distinct cohorts.' Each cohort made choices concerning career and family subject to different constraints. The first cohort, graduating college from the beginning of the twentieth century...
Persistent link: https://www.econbiz.de/10013237282
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Understanding the Economic Impact of COVID-19 on Women
Goldin, Claudia - 2022
The impact of the pandemic on the employment, labor supply, and caregiving of women is assessed. Compared with previous recessions, that induced by COVID-19 impacted women’s employment and labor force participation more relative to men. But the big divide was less between men and women than it...
Persistent link: https://www.econbiz.de/10013291681
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Procrastination in the Workplace : Evidence from the U.S. Patent Office
Frakes, Michael - 2016
Despite much theoretical attention to the concept of procrastination and much exploration of this phenomenon in laboratory settings, there remain few empirical investigations into the practice of procrastination in real world contexts, especially in the workplace. In this paper, we attempt to...
Persistent link: https://www.econbiz.de/10012976968
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Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?
Bartram, Söhnke M. - 2012
idiosyncratic risk than a comparable U.S. firm. Country characteristics help explain variation in the level of idiosyncratic risk …, but less so than firm characteristics. Idiosyncratic risk falls as government stability and respect for the rule of law … improve. Idiosyncratic risk is positively related to stock market development but negatively related to bond market …
Persistent link: https://www.econbiz.de/10013117083