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with results from the research on the German employment performance in the Great Recession which attributed part of the … employment success to the widespread use of instruments of internal flexibility. Our results confirm that generally, the …
Persistent link: https://www.econbiz.de/10011433362
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially … margin based on a stock-flow framework. The evolution of part-time employment is predominantly explained by cyclical changes … in transitions between full-time and part-time employment, which occur overwhelmingly at the same employer and entail …
Persistent link: https://www.econbiz.de/10011455784
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10010277955
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10010278021
marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …
Persistent link: https://www.econbiz.de/10012956011
marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …
Persistent link: https://www.econbiz.de/10012956333
We document that fluctuations in part-time employment play a major role in movements in hours per worker during … part-time employment. The evolution of part-time employment is predominantly explained by cyclical changes in transitions … between full-time and part-time employment. Those transitions occur overwhelmingly at the same employer, entail sizable …
Persistent link: https://www.econbiz.de/10012904591
vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real …
Persistent link: https://www.econbiz.de/10003996447
paper is threefold: first, we show that the model provides a good fit for employment and unemployment volatility, as well as … volatility of employment and unemployment. Finally, we show the role of search costs in shaping those results. -- matching …
Persistent link: https://www.econbiz.de/10009157609
A particular challenge for the macroeconomic models is their inability to match the joint dynamics of employment, wage … which ampli.es the responses of employment and output to exogenous shocks. Our model, consistent with the implications of …: First, we get considerable improvements for the employment, wage and output volatilities in response to technology and …
Persistent link: https://www.econbiz.de/10009157810