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employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditureswitching effect is … ; technology shocks ; employment …
Persistent link: https://www.econbiz.de/10003939709
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10013132159
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10013132410
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10012707792
We propose a novel methodological approach to disentangle the main structural shocks affecting the US labour share of income during the immediate post-war era (1948Q1- 1984Q4) and the Great Moderation (1985Q1-2018Q3). We motivate a SVAR model in aggregate demand, unemployment rate, real wage and...
Persistent link: https://www.econbiz.de/10012150023
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10014217865
In this paper, we analyze the dynamic behavior of employment and hours worked per worker in a stochastic general … to the firm, causing a reduction of job openings and consequently a decrease in employment. These results are contrasted …
Persistent link: https://www.econbiz.de/10013102603
model of optimal within-firm resource allocation, we find that establishment-level employment is sensitive to shocks in … increases with the firm's financial constraint. At the aggregate regional level, we find that aggregate county-level employment …
Persistent link: https://www.econbiz.de/10012902318
firms experienced significantly larger employment losses in response to declines in local consumer demand. These results are … sensitive to fluctuations in either aggregate employment or house prices. Likewise, at the county level, we find that counties … with more highly levered firms experienced significantly larger declines in employment in response to local consumer demand …
Persistent link: https://www.econbiz.de/10012971936
effects of uncertainty shocks on employment adjustments in large and small establishments employing four structural vector … uncertainty shocks on employment, worker flows, job flows as well as worker churn, both for establishments with less than 100 and … with at least 100 employees. The results suggest that uncertainty shocks induce considerable employment fluctuations in …
Persistent link: https://www.econbiz.de/10012614112