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Persistent link: https://www.econbiz.de/10012606886
Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in expansions high-productivity firms grow faster...
Persistent link: https://www.econbiz.de/10012533351
We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run, there are only weak effects for blue collar workers...
Persistent link: https://www.econbiz.de/10003741925
Persistent link: https://www.econbiz.de/10008698427
We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run, there are only weak effects for blue collar workers...
Persistent link: https://www.econbiz.de/10009239054
We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short run earnings and employment losses are substantial for both groups but stronger for white collar workes. In the long run, there are only weak effects for blue collar workers but...
Persistent link: https://www.econbiz.de/10011343944
An increasing number of data sources have measured the components of reallocation of jobs across employers and workers across jobs. Whether and how job reallocation across employers and excess worker “churn” affect other measures of the health of the U.S. economy remains an open question. In...
Persistent link: https://www.econbiz.de/10012964601
. The value of nonemployment is therefore a key determinant of wages. We measure the wage effect of changes in the value of … large reforms of unemployment insurance (UI) benefit levels in Austria. We document that wages are insensitive to UI benefit … sensitivities larger than $0.03. The insensitivity holds even among workers with low wages and high predicted unemployment duration …
Persistent link: https://www.econbiz.de/10012843992
. The value of this state is therefore a fundamental determinant of wages and, in turn, labor supply and job creation. We … measure the effect of changes in the value of nonemployment on wages in existing jobs and among job switchers. Our quasi … document that wages are insensitive to UI benefit levels: point estimates imply a wage response of less than $0.01 per $1.00 UI …
Persistent link: https://www.econbiz.de/10012906478
. The value of nonemployment is therefore a key determinant of wages. We measure the wage effect of changes in the value of … large reforms of unemployment insurance (UI) benefit levels in Austria. We document that wages are insensitive to UI benefit … sensitivities larger than $0.03. The insensitivity holds even among workers with low wages and high predicted unemployment duration …
Persistent link: https://www.econbiz.de/10012908465