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, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10012903630
We document the consequences of real exchange rate movements for the employment, hours, and hourly earnings of workers in manufacturing industries across individual states. Exchange rates have statistically significant wage and employment implications in these local labor markets. The importance...
Persistent link: https://www.econbiz.de/10014193865
We implement a new approach for the identification of news shocks about future technology. In a VAR featuring a measure of aggregate technology and several forward-looking variables, we identify the news shock as the shock orthogonal to technology innovations that best explains future variation...
Persistent link: https://www.econbiz.de/10013156463
Hundreds of papers have investigated how incentives and policies affect hours worked in the market. This paper examines how income taxes affect time allocation in the other two-thirds of the day. Using the Panel Study of Income Dynamics from 1975 to 2004, we analyze the response of single...
Persistent link: https://www.econbiz.de/10014045896
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 labor costs for employers, and worker subsidies by raising the … hiring credits targeting employment of disadvantaged workers, and worker subsidies targeting low-income families. Hiring …
Persistent link: https://www.econbiz.de/10013128608
Excess body weight or body fat hinders performance of military duties. As a result, the U.S. military has weight-for-height and percent body fat standards for enlistment. This paper estimates the number and percent of military-age civilians who meet, and do not meet, the current active duty...
Persistent link: https://www.econbiz.de/10013137605
-level hiring technology exhibits mild increasing returns in vacancies, and that employers rely heavily on other instruments, in …This paper is the first to study vacancies, hires, and vacancy yields at the establishment level in the Job Openings … identifies the flow of new vacancies and the job-filling rate for vacant positions. The fill rate moves counter to aggregate …
Persistent link: https://www.econbiz.de/10013139283
We present and experimentally test a mechanism that provides a simple, natural, low cost, and realistic solution to the problem of compliance with socially determined efficient actions, such as contributing to a public good. We note that small self-governing organizations often place enforcement...
Persistent link: https://www.econbiz.de/10013125568
This paper studies the role of employer behavior in generating "negative duration dependence" -- the adverse effect of a longer unemployment spell -- by sending fictitious resumes to real job postings in 100 U.S. cities. Our results indicate that the likelihood of receiving a callback for an...
Persistent link: https://www.econbiz.de/10013100673
We use novel data from a leading online job search platform to examine the impact of corporate distress on firms' ability to attract job applicants. Survey responses suggest that job seekers accurately perceive firms' financial condition, as measured by companies' credit default swap prices and...
Persistent link: https://www.econbiz.de/10013103964