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We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people without jobs who are (i) currently making concrete efforts to find work and (ii) willing and able to work. In addition, our model has the property that people searching for...
Persistent link: https://www.econbiz.de/10011605248
Can a model with limited labor market insurance explain standard macro- and labor market data jointly? We seek to construct a monetary model in which: i) the unemployed are worse off than the employed, i.e. unemployment is involuntary and ii) the labor force participation rate varies with the...
Persistent link: https://www.econbiz.de/10010320732
The important debate about how economic fluctuations affect employment reallocation in heterogeneous businesses is … for devising labor policies that aim at dampening employment fluctuations. The theoretical literature suggests that job … on the cyclicality of employment in heterogeneous firms in a developing country. Results produced by classifying firms by …
Persistent link: https://www.econbiz.de/10012141924
. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to …
Persistent link: https://www.econbiz.de/10012322428
)). Next, it treats studies analyzing differences in service-industry employment, and offers a discussion of studies focussing …
Persistent link: https://www.econbiz.de/10010261657
We examine the impact of COVID-19 on employment in South Korea as of June 2020. To estimate the causal effect, we use … decreased the employment rate by 0.82%p and increased the unemployment rate by 0.29%p. These estimated effects are 90 …
Persistent link: https://www.econbiz.de/10012498002
Using firm-level and individual panel data from 2008-2009, the paper looks at how Hungarian firms combined employment … adjustment fell entirely on employment. Variations in the changes of employment are studied using firm-level longitudinal data …
Persistent link: https://www.econbiz.de/10010494699
growth and employment, and an overlook on the impacts of different policy measures on companies. The role of large companies … employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of …
Persistent link: https://www.econbiz.de/10012037699
immigrants' labour force participation rate and employment probability. For recent immigrants who arrived in Canada within the … positively related to their employment probability in all censuses. However, living in an enclave has no significant effect on … the labour force activity of older immigrants who have lived in Canada for more than twenty years. Since immigrants could …
Persistent link: https://www.econbiz.de/10010269543
that the two dimensions of the extensive margin, the employment rate and the participation rate, explain the most of the …
Persistent link: https://www.econbiz.de/10010268973