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Isolated effects of labor and product market institutions as well as the interaction between both aforementioned … categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … individual labor market institutions have been widely neglected, mainly due to the infeasibility to correctly specify the model …
Persistent link: https://www.econbiz.de/10010306610
increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …
Persistent link: https://www.econbiz.de/10010263604
Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job flows. The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...
Persistent link: https://www.econbiz.de/10010263763
Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job flows.The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...
Persistent link: https://www.econbiz.de/10010265775
We provide new evidence that large firms or establishments are more sensitive than small ones to business cycle conditions. Larger employers shed proportionally more jobs in recessions and create more of their new jobs late in expansions, both in gross and net terms. The differential growth rate...
Persistent link: https://www.econbiz.de/10010269006
unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local … labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the …
Persistent link: https://www.econbiz.de/10010292322
Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job °ows. The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...
Persistent link: https://www.econbiz.de/10010300686
unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …
Persistent link: https://www.econbiz.de/10010278504
hire much more workers from unemployment than large firms, and that they do so at the very beginning of an economic …. Transitions from unemployment to employment at large firms are generally found to be more (pro-)cyclical. However, this stylised …
Persistent link: https://www.econbiz.de/10011916729
This paper reviews how income-support systems affect labour force participation in the UK. The UK's approach to social insurance is basic security, with modest, typically flat-rate, benefits; insurance-based benefits are relatively unimportant. Compared with the EU, the UK has high employment...
Persistent link: https://www.econbiz.de/10010273971