Mathä, Thomas; Millard, Stephen Patrick; Rõõm, Tairi; … - 2019
likely to reduce employment, then hourly wages and then hours worked, regardless of the source of the shock. Results for the … hours worked suggesting an asymmetric reaction to positive and negative shocks. Finally, we show that strict employment …We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages …