Showing 1 - 10 of 8,701
Uncertainty affects employers' decisions on labour workforce, as it does on capital. We exploit differences on how firms adjust their labour work-force when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 European countries, we first construct, opposite to usual...
Persistent link: https://www.econbiz.de/10012284895
The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it … results show that while face-to-face services were undoubtedly hit hard by the COVID-19 crisis, the sectoral shock was less … suggest that targeted measures to mitigate the persistent effects of the employment shock should take priority during the …
Persistent link: https://www.econbiz.de/10012591513
This paper examines the socio-demographic disparities evident in the early labour market response to the COVID-19 pandemic in Austria, relying on the register-based labour market career dataset from the Austrian Micro Data Center (AMDC) for the 2018-2021 period. The analysis focuses on the...
Persistent link: https://www.econbiz.de/10014534535
We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected European economies. Our measure of sectoral labor reallocation is adjusted for aggregate influences and the remaining variation is linked to unemployment in country specific...
Persistent link: https://www.econbiz.de/10010424822
We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected European economies. Our measure of sectoral labor reallocation is adjusted for aggregate influences and the remaining variation is linked to unemployment in country specific...
Persistent link: https://www.econbiz.de/10013044658
The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it … results show that while face-to-face services were undoubtedly hit hard by the COVID-19 crisis, the sectoral shock was less … suggest that targeted measures to mitigate the persistent effects of the employment shock should take priority during the …
Persistent link: https://www.econbiz.de/10013221124
Uncertainty affects employers' decisions about their workforce as well as capital. We exploit differences in how firms change the size of their workforce when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 European countries, we first construct, unlike the usual...
Persistent link: https://www.econbiz.de/10013175785
This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of endogenous growth through selection and imitation is developed. It is consistent with recent evidence on firm dynamics and on the importance of reallocation for productivity growth. In...
Persistent link: https://www.econbiz.de/10013316706
This paper assesses the relative importance of perceived obstacles to hiring workers on a permanent basis faced by EU firms and studies how they depend on firm’s characteristics. Findings suggest that the main obstacles to hiring in Europe are high uncertainty, shortage of skilled labour, high...
Persistent link: https://www.econbiz.de/10013315423
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital-labour substitution, labour productivity and job reallocation in a cross-country framework. In the spirit of Rajan and Zingales (1998) and Ciccone and Papaioannou (2006), we exploit variation in...
Persistent link: https://www.econbiz.de/10003832294