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Shao, Enchuan; Silos, Pedro - 2008

division using the ratio of corporate profits to output and workers' compensation to output. We document the cyclical behavior …

Persistent link: https://www.econbiz.de/10010292232

Employment Behaviour in Slack and Tight Labour Markets

Akram, Q. Farooq; Nymoen, Ragnar - 2001

Empirical and theoretical studies suggest that employment behaviour varies with the state of the labour market since hiring and firings costs depend on the availability of labour. Extending earlier empirical work on this subject, we test for state dependence in employment adjustment and in the...

Persistent link: https://www.econbiz.de/10012143585

Separate and Unequal: The Effect of Unequal Access to Employment-Based Health Insurance on Gay, Lesbian, and Bisexual People

Ash, Michael A.; Badgett, M.V. Lee - 2004

same benefits for partners as are provided to spouses would reduce the proportion of uninsured people in same-sex couples …

Persistent link: https://www.econbiz.de/10010456987

Inventories, employment and hours

Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - 2002

The purpose of this paper is to develop a model that integrates inventory and labor decisions We extend a model of inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs associated with it In particular we distinguish between...

Persistent link: https://www.econbiz.de/10010293442

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

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

The purpose of this paper is to explore the microfoundations of the observed asymmetric movement in aggregate 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...

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

Crude substitution: The cyclical dynamics of oil prices and the skill premium

Polgreen, Linnea; Silos, Pedro - 2008

different de-trending procedures, and the wages of unskilled workers in energy-intensive industries have a larger positive …

Persistent link: https://www.econbiz.de/10010292334

Uninsurable individual risk and the cyclical behavior of unemployment and vacancies

Shao, Enchuan; Silos, Pedro - 2007

. The fraction of wealth-poor agents prevents real wages from falling too much in recessions since small decreases in income … imply large losses in utility. Analogously, wages rise less in expansions compared with the standard model because small … increases are enough for poor workers to accept job offers. This mechanism reduces the volatility of wages and increases the …

Persistent link: https://www.econbiz.de/10010292356

The (ir)relevance of real wage rigidity in the New Keynesian model with search frictions

Krause, Michael U.; Lubik, Thomas A. - 2003

necessarily move with real wages. …

Persistent link: https://www.econbiz.de/10010293460

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

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

We develop a dynamic general equilibrium model where workers can engage in search while on the job. We show that on-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...

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

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