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a large increase in post-displacement employment in the temporary work sector after the reforms. Sorting into worse … wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post-displacement …
Persistent link: https://www.econbiz.de/10012228177
costs influence insider wages and outsiders' opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …
Persistent link: https://www.econbiz.de/10011412195
jobs are significantly lower than those of workers who remain in the formal market. The fact of this displacement, and its …. Our findings add, perhaps for the first time, a developing country dimension to the existing job displacement literature …
Persistent link: https://www.econbiz.de/10011904493
largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …
Persistent link: https://www.econbiz.de/10009736646
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the stylized facts characterizing the US and the Spanish labor markets. Under this benchmark, we find the Post-Match Labor Turnover Costs (PMLTC) to be the centerpiece to explain why the...
Persistent link: https://www.econbiz.de/10003158646
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the stylized facts characterizing the US and the Spanish labor markets. Under this benchmark, we find the Post-Match Labor Turnover Costs (PMLTC) to be the centerpiece to explain why the...
Persistent link: https://www.econbiz.de/10013318172
its successor Understanding Society. We find that the unemployment rate on leaving full-time education has large impacts …
Persistent link: https://www.econbiz.de/10009778459
This paper introduces endogenous on-the-job training in the job creation and destruction model of the search and matching type by García-Pérez and Osuna (Dual labour markets and the tenure distribution: Reducing severance pay or introducing a single contract, 2014). The objective is to compare...
Persistent link: https://www.econbiz.de/10011290858
common types of displacement: individual layoffs, individuals displaced due to a closure and individuals displaced due to a …
Persistent link: https://www.econbiz.de/10011346047
Many firms adjust employment in a "lumpy" manner -- infrequently and in large bursts. In this paper, I show that lumpy adjustments can arise from concerns about the incentives of remaining workers. Specifically, I develop a model in which a firm's productivity depends on its workers' effort and...
Persistent link: https://www.econbiz.de/10011709242