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literature suggests that working time accounts reduce turnover and inhibit increase in unemployment during recessions. In a model … of optimal choice of hours by a firm I show that working time account does not necessarily guarantee lower turnover …. Turnover may be reduced or increased depending on whether a firm meets economic downturn with surplus or deficit of hours and …
Persistent link: https://www.econbiz.de/10011653388
literature suggests that working time accounts are likely to reduce turnover and inhibit increase in unemployment during … recessions. In a model of optimal labour demand I show that working time account does not necessarily guarantee lower turnover at … a firm level. Turnover may be reduced or increased depending on whether the firm meets economic downturn with surplus or …
Persistent link: https://www.econbiz.de/10012388822
and agency work contracts increases the turnover on the labour market and contributes to an increase in dualisation, but …
Persistent link: https://www.econbiz.de/10010331420
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high unemployment makes it easier to fill vacancies....
Persistent link: https://www.econbiz.de/10012052795
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/10014282119
This paper investigates the impact of a collective agreement stipulating a one shot increase in establishment-specific wage levels in a public-sector setting where wages otherwise are set according to individualized wage bargaining. The agreement stipulated that wages should increase in...
Persistent link: https://www.econbiz.de/10010464453
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
This paper explores the incidence of job loss by wage level during the Great Recession, using data for Ireland. Ireland experienced a particularly pronounced decline in employment by international and historical standards, which makes it a valuable case study. Using EU Survey on Income and...
Persistent link: https://www.econbiz.de/10011991889
Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking several administrative data sources. We compare changes in...
Persistent link: https://www.econbiz.de/10012111097
We propose a model to evaluate the U.K.'s zero-hours contract (ZHC) – a contract that exempts employers from the requirement to provide any minimum working hours, and allows employees to decline any workload. We find quantitatively that ZHCs improve welfare by enabling firms with more volatile...
Persistent link: https://www.econbiz.de/10012882555