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The path through : early COVID-19 job loss and labour market trajectories in Austria
Jestl, Stefan; Tverdostup, Maryna - 2024
This paper examines the socio-demographic disparities evident in the early labour market response to the COVID-19 pandemic in Austria, relying on the register-based labour market career dataset from the Austrian Micro Data Center (AMDC) for the 2018-2021 period. The analysis focuses on the...
Persistent link: https://www.econbiz.de/10014534535
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Firm-level shocks and labor flows
Carlsson, Mikael; Messina, Julián; Nordström Skans, Oskar - 2021
in response to rm-level demand shocks. The choice of adjustment margin depends on the sign of the shock: rms adjust …
Persistent link: https://www.econbiz.de/10012587035
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Misallocation of talent in competitive labor markets
Ferreira, Daniel Bernardo Soares; Nikolowa, Radoslawa - 2015
allocation. The model provides a cautionary counterpoint to one of the most popular arguments against the regulation of pay, i …
Persistent link: https://www.econbiz.de/10010497514
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Finance and the reallocation of scientific, engineering and mathematical talent
Marin, Giovanni; Vona, Francesco - 2022
The US financial sector has become a magnet for the brightest graduates in the science, technology, engineering and mathematical fields (STEM). We provide quantitative bases for this anecdotal fact for the US, over the period 1980-2019 and with a specific focus on the last decade where...
Persistent link: https://www.econbiz.de/10013332194
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Venezuelan migration in Peru : short-term adjustments in the labor market
Morales, Fernando; Pierola, Martha Denisse - 2020
The Venezuelan migration to Peru has been growing at fast speed since 2016 reaching a peak in 2018. Using a panel that allows us to control for individual effects, we study the heterogeneous short-term responses to the inflow of Venezuelan migrants in terms of employment, informality and...
Persistent link: https://www.econbiz.de/10012267398
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Firm entry and exit during recessions
Ayres, Joao; Raveendranathan, Gajendran - 2021
We analyze shocks to productivity, collateral constraint (credit shock), firm operation, and labor disutility in a …. Compared to the productivity shock, the credit and the lockdown shocks generate larger changes in firm entry and exit. The … credit shock accounts for lower entry, higher exit, and concentration of exit among young firms during the Great Recession …
Persistent link: https://www.econbiz.de/10012583735
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Job displacement risk and severance pay
Cozzi, Marco; Fella, Giulio - 2016
This paper is a quantitative, equilibrium study of the insurance role of severance pay when workers face displacement risk and markets are incomplete. A key feature of our model is that, in line with an established empirical literature, job displacement entails a persistent fall in earnings upon...
Persistent link: https://www.econbiz.de/10011458292
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Mafia infiltrations in times of crisis : evidence from the Covid-19 shock
Castelluccio, Marco; Rizzica, Lucia - 2023
We analyse the risk of mafia capture of firms operating in the legal economy. Specifically, we study the relationship between firm performance and mafia infiltration. To overcome possible endogeneity concerns we exploit the abrupt drop in revenues caused by the (unexpected) Covid-19 related...
Persistent link: https://www.econbiz.de/10014381949
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Mobility restrictions and automation in the developing world : evidence from Peru's labor market
Benítez-Rueda, Miguel; Domínguez, Nicolás; Parrado, Eric - 2023
highly automatable jobs up to 18 months after the shock. These effects were particularly pronounced among women, small and …
Persistent link: https://www.econbiz.de/10014460778
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How far from full employment? : the European unemployment problem revisited
Gökten, Meryem; Heimberger, Philipp; Lichtenberger, Andreas - 2024
This paper analyses deviations from full employment in EU countries, compared with the US and the UK. We apply the Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The BECRU is the level of unemployment that minimises the...
Persistent link: https://www.econbiz.de/10014507179