statistics. We find that the employment adjustment cycle coincides only to a certain degree with the macroeconomic cycle … variables have opposite effects on the former and the latter adjustment instrument. Furthermore, we detect a negative trend of … type of external employment adjustment and on the other hand we use this information separating between quits, layoffs …

statistics. We find that the employment adjustment cycle coincides only to a certain degree with the macroeconomic cycle … variables have opposite effects on the former and the latter adjustment instrument. Furthermore, we detect a negative trend of … type of external employment adjustment and on the other hand we use this information separating between quits, layoffs …

; employment adjustment ; Germany …Using a representative establishment data set for Germany, we show that, in line with the existing literature for … several countries, firms' adjustment costs for employment are characterized by a fixed and convex functional form. Furthermore …

soon after. We compare this recession to other major recessions in Germany and analyse to what extent changes in hourly … in working time was unexpectedly pronounced. Using detailed information on instruments for the adjustment of working … vergleichen diese jüngste Rezession mit früheren Rezessionen in Deutschland. Dabei untersuchen wir, in welche Ausmaß eine …