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associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10014118351
structural. This paper argues that to increase employment levels policy will need to focus on reducing significantly the … areas which, if implemented, would serve to reverse the recent decline in employment and improve the fairness of income ... …
Persistent link: https://www.econbiz.de/10012445638
employment effects of routine-replacing technological change (RRTC), along with the underlying mechanisms. We show that while … new jobs through increased product demand, outweighing displacement effects and resulting in net employment growth …
Persistent link: https://www.econbiz.de/10011903802
employment effects of routine-replacing technological change (RRTC), along with the underlying mechanisms. We show that while … new jobs through increased product demand, outweighing displacement effects and resulting in net employment growth …
Persistent link: https://www.econbiz.de/10011959965
Employment in the temporary help supply (THS) industry more than tripled in the U.S. between 1982 and 1992. During that … period, the variability and cyclical sensitivity of THS jobs, their average weekly hours and real hourly earnings were … extraordinarily high. In addition, changes in temporary employment levels disproportionately affect aggregate employment flows over …
Persistent link: https://www.econbiz.de/10014103955
several countries, firms' adjustment costs for employment are characterized by a fixed and convex functional form. Furthermore …-2010 also indicates that adjustment behavior has changed over time. Comparing the employment adjustment in the two observed …
Persistent link: https://www.econbiz.de/10010344616
Many studies have been conducted to analyze the effect of stricter Employment Protection Legislation (EPL). However … entailing future stronger labor rigidities, from January 2001 to May 2012. Using the Permanent Employment Survey (EPE), we find … a negative relation between expectations towards a stricter labor market and both employment and average income. News …
Persistent link: https://www.econbiz.de/10013001881
in economic growth. However, there are two different views regarding to the effects of technology on employment. A … negative insight of technology on employment insists that a simple labor-saving technology innovation like the introduction of … industries causes ultimate growth in the industry, and subsequently requires more employment. This is the income effect of …
Persistent link: https://www.econbiz.de/10014241724
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10002258413
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10011450828