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match formation. Distortions and frictions reduce employment, average firm size, and GDP per capita. They also affect how …
Persistent link: https://www.econbiz.de/10014083775
The present paper analyzes the impacts of total labor productivity and efficiency in Oman State. As a Gulf state it has depended on oil production for its economic life for the past decades. However, it was typically known for traditional industries and trade, helped by her long sea shores and...
Persistent link: https://www.econbiz.de/10014172608
We construct a time-varying network of labor competitors for all U.S. public companies. We show the importance of this network for transmitting labor and industry shocks. There are three main findings. First, the overlap between firms' labor competitors and product market rivals is less than 20...
Persistent link: https://www.econbiz.de/10012899348
Persistent link: https://www.econbiz.de/10002222452
Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10011607672
Microeconomic flexibility is at the core of economic growth in modern market economies because it facilitates the process of creative-destruction, The main reason why this process is not infinitely fast, is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10014070107
This work comprises the comparative analysis of macro economic reasons and consequences of world economic crisis happened in 2008 which affected the economy of the world and the 1929 crisis the biggest that ever happened in the world. It is obvious that both of crises have common and different...
Persistent link: https://www.econbiz.de/10013098589
Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990 … mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …
Persistent link: https://www.econbiz.de/10011403997
until the end of April 2020 and find that it can explain up to 58% of these short-term employment outcomes. …
Persistent link: https://www.econbiz.de/10012392542
One of the most puzzling facts in the wake of the Global Financial Crisis (GFC) is that output across advanced and emerging economies recovered at a much slower rate than anticipated by most forecasting agencies. This paper delves into the mechanics behind the observed slow recovery and the...
Persistent link: https://www.econbiz.de/10013306789