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This paper presents a multidimensional empirical analysis of firm growth. Exploiting census data on Italian manufacturing firms, 1989-1997, we estimate a reduced-form VAR to analyze the co-evolution of employment growth, sales growth, growth of profits and labour productivity growth. Our main...
Persistent link: https://www.econbiz.de/10010328503
This paper presents a multidimensional empirical analysis of firm growth. Exploiting census data on Italian manufacturing firms, 1989-1997, we estimate a reduced-form VAR to analyze the co-evolution of employment growth, sales growth, growth of profits and labour productivity growth. Our main...
Persistent link: https://www.econbiz.de/10008729331
This paper presents a multidimensional empirical analysis of firm growth. Exploiting censusdata on Italian manufacturing firms, 1989–1997, we estimate a reduced-form VAR toanalyze the co-evolution of employment growth, sales growth, growth of profits and labourproductivity growth. Our main...
Persistent link: https://www.econbiz.de/10013314626
Marginal employment, so-called Minijobs, represent a significant part of the dependent employment in Germany. In 20121 and 2016 the RWI conducted a survey and interviewed marginally employed workers and employers with marginally employed workers in North Rhine-Westphalia. The results of the...
Persistent link: https://www.econbiz.de/10012258858
Green jobs creation is the main element in the implementation of bioeconomy mechanisms along with other factors, such as gross domestic product (GDP), environmental protection and national security. The aim of this paper is to develop a profile of companies willing to create new jobs. Its...
Persistent link: https://www.econbiz.de/10011979724
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm's and from a macro perspective. Adjustment cost theories and arguments about option values of...
Persistent link: https://www.econbiz.de/10010293739
We suggest a new method to analyze the success of firm creation by looking at the persistence of new jobs created in old and in new firms. Compared to survival rates of new versus old firms, this measure has the advantage that the sustainability of job creation in different circumstances is...
Persistent link: https://www.econbiz.de/10010294908
A growing body of empirical evidence suggests that a positive technology shock leads to a temporary decline in employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price models to account for the evidence. The reasoning is as...
Persistent link: https://www.econbiz.de/10010295248
Most people accept that structural and labour market reforms are needed in Europe. However few have been undertaken. The usual conjecture is that reforms are costly in economic performance and costly to finance. Blanchard and Giavazzi (2003) and Spector (2004) develop a general equilibrium model...
Persistent link: https://www.econbiz.de/10010295250
This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in Spain during the last two decades. The aim of this paper is to shed light on the impact of the European economic integration process on Spanish labour market and the convergence...
Persistent link: https://www.econbiz.de/10010295277