period and firms react by choosing employment, and (ii) for the commitment equilibria where the union can precommit to the … entire (infinite) sequence of wages. We conclude that the speed of adjustment of employment, that is higher in the … employment and wages only in the no-commitment case, i.e., the higher the relevance of adjustment costs the higher the wage and …

of routine employment and its consequent impacts on inequality. …

broadband adoption, respectively, we review studies investigating the impacts on economic growth, employment and regional …

bottom firms catching up with top firms in the Republic of Korea and the richest EU countries. Regarding employment and labor … skills, employment growth has generally been quite stagnant in all regions. Labor skills, for which we use the wage premium …. Our test of the productivity−employment link indicates that the size of employment tends to have a greater impact on …

recession and in its aftermath, including the sharp decline in labor force participation and informal employment that is unique … technologies introduced at the trough of the recession bolsters the recovery of GDP, total employment, and labor income, and leads … to a larger expansion in the share of formal employment compared to the no-policy scenario. In the long run, the economy …

How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate … a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and … convex adjustment costs. From this model, we derive a structural equation for employment that we estimate on firm-level data …

effect on the adopters' employment and on the value-added and average wage, whereas sales and productivity increase after an … initial drop with a net positive effect five years after adoption. Crucially, the employment effect is heterogeneous across … technologies has an overall negative effect on aggregate employment. …

) skills. These results support the complementarity view of the coexistence of student employment and low-skilled employment …