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allows us to decompose economic fluctuations and long-term trend growth of output and employment into its driving factors …
Persistent link: https://www.econbiz.de/10014427292
This paper investigates the time-varying relationship between German output and employment growth, in particular their … time variation in the employment impact of GDP as well as an autonomous employment component capturing other factors than … autonomous employment component in the recent years. The development of the estimated impact parameters is shown to crucially …
Persistent link: https://www.econbiz.de/10010401756
Persistent link: https://www.econbiz.de/10009529118
Problem Definition. Firms that sell products over a limited selling season often have only imperfect information about (a) the exact timing of that season, (b) the demand volume to expect, and (c) the temporal distribution of demand over the selling season. Given these uncertainties, firms must...
Persistent link: https://www.econbiz.de/10013249317
Persistent link: https://www.econbiz.de/10011654629
The postwar U.S. business cycle is characterized by positive comovement of employment and output across sectors. It has … use of intermediate inputs, can induce positive comovement in sectoral employment and output following changes in relative … sectoral employment and output move together if intermediate inputs are used in production. The model is also consistent with …
Persistent link: https://www.econbiz.de/10013101938
employment and to average hours of work. The main goal is to get accurate estimates of production function parameters. Low … estimate of the elasticity with respect to average hours (employment). Estimations of these elasticities at different data … output with respect to employment is bigger than the elasticity of output with respect to average hours, as theory predicts …
Persistent link: https://www.econbiz.de/10014084107
rapid destruction process employment. In these circumstances it is a priority to begin a new growth path based on a more … employment. This paper has attempted to shed light on what branches of production can be the basis for a new production model of …
Persistent link: https://www.econbiz.de/10011555811
ensure identification. Applied to seasonal aggregate gender employment in Australia, a bivariate male/female model with a …
Persistent link: https://www.econbiz.de/10013216272
The subject of offshoring and productivity has not yet received the attention it deserves. Here I propose a simple framework for estimating the contribution of these strategies to the growth rate of labor productivity from a time-series perspective. This framework is then used to assess the...
Persistent link: https://www.econbiz.de/10013083376