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In this paper we study the joint decision process of changing the structure of jobs and layingoff individual workers in a firm that downsizes its workforce. A hierarchical decision model isproposed and estimated using personnel data from a firm in demise comparing thecharacteristics of the...
Persistent link: https://www.econbiz.de/10009353907
shipyard workers and miners. They have higher employment, not higher unemployment, and higher earnings than the comparison …
Persistent link: https://www.econbiz.de/10010321623
In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lump-sum component … reduces employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment …
Persistent link: https://www.econbiz.de/10010268052
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10010274716
We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual bargaining. We calibrate the model to US data and...
Persistent link: https://www.econbiz.de/10010294024
We examine job creation and destruction in Eastern and Western Germany for the period of 1999 to 2004, using a large dataset, which enables us to capture clearly entries and exits. There are pronounced differences between the two parts of Germany in terms of magnitude and composition of gross...
Persistent link: https://www.econbiz.de/10010300618
indicator for employment. Discussing current trends in vacancies, this is often assumed: An increase in the number of job … vacancies gets linked to good prospects for employment. What has been missing is empirical evidence that is grounded on … hires. The latter were drawn from the statistics of the German Federal Employment Agency. The effect is strongest with a …
Persistent link: https://www.econbiz.de/10010323756
universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in …
Persistent link: https://www.econbiz.de/10010262088
clear-cut result of our analysis is the strong positive effect of new private firms on net employment growth, a finding … established for other transition economies as well. At the same time, we do not find differences in the employment growth of state … employment growth and of size and job reallocation. Finally, we establish that strong foreign trade links force firms to shed …
Persistent link: https://www.econbiz.de/10010262230
We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual wage bargaining. Product market competition affects...
Persistent link: https://www.econbiz.de/10010267312