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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014471686
objective is to identify policy tools that help generate sustained increases in employment in the long run. Therefore, we focus …
Persistent link: https://www.econbiz.de/10010273947
, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … rationalizes differences in employment rates: in the U.S., we find a market productivity premium of +30% and market frictions of …
Persistent link: https://www.econbiz.de/10010277062
Previous modelling of the impact of disability on employment has failed to allow for a direct effect rendering some … individuals capable of work. A model in which both a capacity and a desire for work are necessary conditions for employment is … failure to allow for it results in overestimation of the wage elasticity of employment. The accuracy of self-reported capacity …
Persistent link: https://www.econbiz.de/10010443314
Persistent link: https://www.econbiz.de/10011696450
negative effect on the wage of the low-skilled at the bottom of the wage distribution. With lower returns from employment, the …. The findings provide evidence against the commonly used argument that wage flexibility improves the employment prospects …
Persistent link: https://www.econbiz.de/10010335418
, the United Kingdom, and the United States. The paper compares trends in the household living arrangements, employment … this general pattern. Between the mid-1980s and 2000 employment rates improved among young Americans in their late 20s and … early 30s, and earnings levels either remained stable or increased modestly. The stability of U.S. employment levels helped …
Persistent link: https://www.econbiz.de/10010335462
.e. by differing probabilities of any employment? Across OECD countries there are large differences in the average level and … employment. The participation level is particularly important for inequality differences and there is persuasive evidence that … country attitudes to paid employment, particularly for women, differ significantly. This paper uses Luxembourg Income Study …
Persistent link: https://www.econbiz.de/10011653052
, we observe interesting patterns in the skill composition, employment opportunities and wages for migrants to the …
Persistent link: https://www.econbiz.de/10010264459
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...
Persistent link: https://www.econbiz.de/10010273099