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Netherlands, which implies that all migrants are (self)-employed at the time of arrival. We find that many migrants leave the … country after a period of no-income. Employment characteristics and the country of origin play an important role in explaining …
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impact of uncertainty and real options on the decision of working time, i.e. we examines the determinants of employment and …The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms … can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the …
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Uncertainty and its composition can affect the demand for social insurance, and thereby the labor market. This paper shows that small to medium-sized increases in uncertainty or risk aversion are enough to recommend an expansion of the safety net that would be broadly similar to the actual...
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This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium … induces sizable declines in output and employment together with rising cross-sectional dispersion of price and output growth …
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