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The article discusses the determinants of labour turnover in Brazil. We contrast the view suggesting that severance … payments (FGTS) induce labour turnover with arguments suggesting that turnover rates are a function of the characteristics of … supply and demand for labour in Brazil. Additionally, we present econometric evidence that changes in the level of turnover …
Persistent link: https://www.econbiz.de/10005685301
As part of a more general process of employment reallocation from less to more productive employers, job-to-job flows tend to be beneficial for productivity and for workers. Thus, when this rate slows, it is important to understand why. In the US, for example, the job-to-job flow rate is now at...
Persistent link: https://www.econbiz.de/10011405006
We construct a multi-sector search and matching model where the unemployed receives idiosyncratic productivity shocks that make working in certain sectors more productive than in the others. Agents must decide which sector to search in and face moving costs when leaving their current sector for...
Persistent link: https://www.econbiz.de/10010939757
The economic crisis of 2008-2009, the most important that France knew since the Second world war, had a significant impact on the employment situation but, in relation with the fall of the production, the observed destructions of jobs were less large this time than during the recession of...
Persistent link: https://www.econbiz.de/10008765862
We develop a theoretical model of firm dynamics and unemployment and characterize equilibria with tenure dependent separation taxes. The model is a version of the Lucas and Prescott island model with undirected search. Two equivalent decentralizations are considered: one with spot labor markets...
Persistent link: https://www.econbiz.de/10011042927
Higher wages increase labor costs but also improve the productivity of the labor force in several ways. If firms take this into account and set their wages accordingly, the resulting wages could fail to adjust demand and supply but may induce phenomena like over-education, discrimination,...
Persistent link: https://www.econbiz.de/10011573665
This paper considers how the demand for non-material aspects of jobs evolves over changing wealth levels and how firms may want to react. We first consider the importance of non-material job aspects in general before turning to two specific human resource practices: flexible working hour...
Persistent link: https://www.econbiz.de/10010318247
This paper considers how the demand for non-material aspects of jobs evolves over changing wealth levels and how firms may want to react. We first consider the importance of non-material job aspects in general before turning to two specific human resource practices: flexible working hour...
Persistent link: https://www.econbiz.de/10009770005
A new form introduced in 2012 for firms and associations filing full-format accounts paved the way for a new kind of analysis, such that a distinction could be made between the situations of women and men employed by these firms. A population of 8 862 firms formed the basis for assessing the...
Persistent link: https://www.econbiz.de/10011272872
We consider the role of unobservables, such as differences in search frictions, reservation wages, and productivities for the explanation of wage differentials between migrants and natives. We disentangle these by estimating an empirical general equilibrium search model with on-the-job search...
Persistent link: https://www.econbiz.de/10010729798