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Asymmetric labor force participation decisions over the business cycle: Evidence from US microdata

Hotchkiss, Julie L.; Robertson, John C. - 2006

unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local … labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the …

Persistent link: https://www.econbiz.de/10010292322

The cost of benefits, financial conditions, and employment dynamics in recent U.S. Recoveries

Gu, Grace Weishi - 2013

This paper explores how much firm-paid employee benefits and firms' financial conditions have contributed to delayed employment recoveries relative to output since 1990, using a DSGE model. Empirically, I document the underexplored pro-cyclicality of per worker benefit costs. Post-1990 period...

Persistent link: https://www.econbiz.de/10010369499

On-the-job search and the cyclical dynamics of the labor market

Krause, Michael U.; Lubik, Thomas A. - 2004

-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts … fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … firms?incentives to post new jobs. Labor market tightness as measured by the vacancy-unemployment ratio is as volatile as in …

Persistent link: https://www.econbiz.de/10010293492

When and how to create a job: The survival of new jobs in Austrian firms

Böheim, René; Stiglbauer, Alfred; Winter-Ebmer, Rudolf - 2005

While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm’s and from a macro perspective. Adjustment cost theories and arguments about option values...

Persistent link: https://www.econbiz.de/10010294519

Wealth-income ratios in a small, late-industrializing, welfare-state economy: Sweden, 1810-2014

Waldenström, Daniel - 2015

smaller countries that were historically backward and developed a different set of political and economic institutions during … political institutions for the long-run evolution of wealth-income ratios. …

Persistent link: https://www.econbiz.de/10011406159

What active labor market policy works in a recession?

Forslund, Anders; Fredriksson, Peter; Vikström, Johan - 2011

This paper discusses the case for expanding active labor market policy in recession. We find that there is reasonable case for relying more heavily on certain kinds of programs. The argument is tied to the varying size of the lock-in effect in boom and recession. If programs with relatively...

Persistent link: https://www.econbiz.de/10010273976