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We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and...
Persistent link: https://www.econbiz.de/10012938696
pandemic recession. We first measure the contribution of temporary layoffs to unemployment dynamics over the period 1979 to the … due to "loss-of-recall", whereby workers in temporary-layoff unemployment lose their job permanently and do so at higher … both temporary-layoff and jobless unemployment. The model captures well pre-pandemic unemployment dynamics and shows how …
Persistent link: https://www.econbiz.de/10013334353
In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we …, the economywide rate of unemployment decreases. We also find multiple equilibrium outcomes in the extent of offshoring and … therefore, in the unemployment rate. Furthermore, a firm can increase its domestic employment through offshoring. Also, such a …
Persistent link: https://www.econbiz.de/10012465504
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing … firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …
Persistent link: https://www.econbiz.de/10012456633
outsourcing grew at rates experienced during 1996-2005 in business, professional and technical services i.e., in segments where … outsourcing (1) would switch 4-digit occupations 2 percent less often, (2) would spend 0.1 percent less time unemployed, and (3 …We examine the impact on U.S. labor markets of offshore outsourcing in services to China and India. We also consider …
Persistent link: https://www.econbiz.de/10012464585
Job loss comes with large present value earnings losses which elude workhorse models of unemployment and labor market … policy. I propose a parsimonious model of a frictional labor market in which jobs differ in terms of unemployment risk and … workers search off- and on-the-job. This gives rise to a job ladder with slippery bottom rungs where unemployment spells beget …
Persistent link: https://www.econbiz.de/10012482696
The extensive empirical macro- and micro-level evidence on the impact of job security provisions is largely inconclusive. We argue that the weak evidence is a consequence of the weak power of statistics used, which is suggested by a dynamic theory of plant-level labor demand that we develop....
Persistent link: https://www.econbiz.de/10012465904
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/10012475886
Unemployment insurance taxes are experience-rated to penalize firms that dismiss workers. We examine whether experience …
Persistent link: https://www.econbiz.de/10013462699
Persistent link: https://www.econbiz.de/10013464116