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Progress and the Macroeconomic Structure of Employment and Wages.- Globalization and Unemployment: Effects of Globalization on … Unemployment: O. Landmann: Wages, Unemployment, and Globalization: a Tale of Conventional Wisdoms; A. Heise: Comment.- Effects of …. Huber, F. Wöhlbier: Fiscal Policy and Unemployment in a Global Economy; M. Wrede: Comment .- Stabilization Theory: H. Wagner …
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In this paper we analyse the employment implications of firing restrictions. We find that when a recession is expected and the trend rate of productivity growth is small, a rise in firing costs affects mainly the hiring decision. Thus there is a negative effect on average employment. When, on...
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Job polarization the rise in employment shares of high and low skill jobs at the expense of middle skill jobs occurred in the US not just recently, but also in the late nineteenth and early twentieth centuries. We argue that in each case polarization resulted from increased automation, and...
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