know to their startups--in effect making their own referrals. We consider new firms in Brazil's formal sector founded … between 2002 and 2014, for which at least one founding owner can be traced to previous formal employment. We find that 35 … capital and new firm fixed effects, former coworkers earn eight percent higher initial wages at new firms and are six …

("likely non-employers"). Growth in applications for likely employers significantly leads total nonfarm employment growth and … model (DFM) to forecast nonfarm employment growth over a 12-month period using the PFEIs and the likely employers series … increasingly prevalent self-employment activity in the U.S. economy …

wages, but, unlike employment, wage gains do not persist in the long run. Employment effects estimated at the local level …We study the granular wage and employment effects of a German place-based policy using a research design that leverages … are large as over half of the employment increase comes from commuters. Using subsidy rates as an instrumental variable …

construct a general equilibrium model where workers' reservation wages and the maximum punishment acceptable before workers quit … an adverse signal, and establishing conditions under which equilibrium entails lowering wages (performance contracting …-strategy equilibrium. The economy is, in general, not efficient either in the selection of the form of equilibrium or the wages paid within …

employment rates, a poorer performance in terms of wage growth for less skilled workers, a larger increase in the service sector … comparative study of observed developments in the US, UK and Germany since the mid-seventies, complemented by an examination of … broad wage and employment changes for 18 OECD countries over the same period …

This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for … workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the … effects of the minimum wage on the hazard rate for wages, which provides a convenient way of re-scaling the wage distribution …

In this paper we use indirect inference to estimate a joint model of earnings, employment, job changes, wage rates, and … heterogeneity, job-specific error components in both wages and hours, and measurement error. We use the model to address a number of … important questions in labor economics, including the source of the experience profile of wages, the response of job changes to …

Using two decades of annual data, we explore the links between real exchange rates and employment, wages and overtime …, especially for industries characterized by low price-over-cost markup ratios, and in overtime wages and overtime employment. The … not have large effects on numbers of jobs or on hours worked. More substantial effects are picked up in industry wages …

This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the … employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this … form of contract governance. Under plausible assumptions, such agreements will cause employment to diverge from efficiency …