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We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
Unemployment in the U.S. has risen dramatically since the start of the recession in December 2007, going from about 6.8 million people in May 2007 to over 14.6 million in June 2010. This is often spoken of as "losing 7.8 million jobs," but this is a terribly misleading view of the issue. The...
Persistent link: https://www.econbiz.de/10013138878
This paper studies the quantitative properties of a multiple-worker firm matching model with on-the-job search where …
Persistent link: https://www.econbiz.de/10013084913
Studies that incorporate endogenous labor force participation, and search and matching frictions in a real business …, unemployment is acyclical and highly positively correlated with vacancies. Based on the evidence that job-to-job flows are large in … the U.S. labor market, this paper enriches the three-state model with an on-the-job search mechanism which leads to job …
Persistent link: https://www.econbiz.de/10013088518
studying quantitative properties of a multiple-worker version of the search/matching model that features endogenous job …. We also show that the model generates large volatilities of unemployment and vacancies when a worker's outside option is …
Persistent link: https://www.econbiz.de/10013155945
We study the relationship between employment growth and worker flows in excess of job flows (churn) at the establishment level using the new German AWFP dataset spanning from 1975–2014. Churn is above 5 percent of employment along the entire employment growth distribution and most pronounced...
Persistent link: https://www.econbiz.de/10012945246
Uncertainty shocks are found to adversely affect labor market outcomes. Most studies attribute labor adjustments costs for the propagation of macroeconomic uncertainty to the labor market. Given that large establishments in Germany face higher labor adjustments cost, they should be affected more...
Persistent link: https://www.econbiz.de/10012614112
Zahlreiche Studien zeigen, dass sich Unsicherheitsschocks negativ auf den Arbeitsmarkt auswirken. Als Ursache für die … Transmission von Unsicherheitsschocks auf den Arbeitsmarkt werden in den meisten Studien die Anpassungskosten der Beschäftigung …
Persistent link: https://www.econbiz.de/10012607557
This paper analyses (age-adjusted) employment rates by gender and education. We find that malefemale gender gaps and high-low education gaps in employment vary markedly across European Union (EU) countries and regions, with larger gaps existing in Eastern and Southern Europe than in Nordic and...
Persistent link: https://www.econbiz.de/10014558979
This paper studies quantitative properties of a multiple-worker firm search/matching model and investigates how worker …
Persistent link: https://www.econbiz.de/10012999349