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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
wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …
Persistent link: https://www.econbiz.de/10012619265
Persistent link: https://www.econbiz.de/10012603216
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/10012607557
Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …
Persistent link: https://www.econbiz.de/10013225967
We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …
Persistent link: https://www.econbiz.de/10013233431
We describe trends in wages and labor force participation for the “working class”—whom we define as workers with high school or less education—compared to those with college or more. We compare cyclical peaks over the entire period 1979–2019, with particular focus on the Great...
Persistent link: https://www.econbiz.de/10013238145
This study measures the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over … reallocation and worker reallocation, to evaluate theories of heterogeneity in plant-level employment dynamics, and to establish …
Persistent link: https://www.econbiz.de/10013213080
The share of the U.S. population that receives business income has increased substantially in recent decades. At the same time, worker hire and separation rates declined, with worrying implications for productivity and wage growth. In this paper, we explore the relationship between business...
Persistent link: https://www.econbiz.de/10012815179
Persistent link: https://www.econbiz.de/10009740265