We investigate the effect of profit sharing on establishments' hirings, layoffs, and quits. Our principal argument is that profit sharing increases wage flexibility and also aligns wages with a changing marginal revenue product. Because employment stability makes their human capital investment...

Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in a large heterogeneity of flows and excess turnover. Large and older firms have lower flows, but high excess turnover rates. In small firms, hires and separations move...

We study how firms respond to predictable, but uncertain, worker absences arising from maternity and non-work-related sickness leave. Using administrative data on over 1.5 million spells of leave in Brazil, we identify the short-run effects of a leave spell starting on firms' employment, hiring,...

Exploiting very rich administrative data covering the period from January 2018 until December 2021, this study analyses the individual employment trajectories of a large sample of Italian workers during the pandemic and the subsequent recovery, comparing them with those of similar individuals in...

We extend Nakamura et al. (2019, 2020)'s approach of using the publicly available microdata files of the Labour Force Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves estimating and applying a scaling factor that has been...

This study explores three issues related to the job market in the Brazilian information and communication technologies (ICT) industry, considering both industrial and service segments. First of all, evolution of job structure in the sector is evaluated since 1998. Second, the intensity of...

Massification of tertiary education, growing share of student workers on labour market and consequently increased competition for low-skilled jobs gave rise to the theory of crowding out of the less educated workers. This paper contributes to better understanding of temporary...

The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility. Going forward, the government should build on this success and...

This study explores three issues related to the job market in the Brazilian information and communication technologies (ICT) industry, considering both industrial and service segments. First of all, evolution of job structure in the sector is evaluated since 1998. Second, the intensity of...

Despite the voluminous literature on minimum wages, there is little consensus on the mechanisms by which employment might be affected. Using administrative data in a state-year panel, we evaluate employment dynamics directly. We find that although the minimum wage does not appear to have strong...