Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in a large heterogeneity of flows and excess turnover. Large and older firms have lower flows, but high excess turnover rates. In small firms, hires and separations move...

Economies with low unemployment often have high disability rates. In Norway, the permanent disability insurance rolls outnumber registered unemployment by four to one. Based on administrative register data matched with firms' financial statements and closure data collected from bankruptcy...

In this paper, I discuss three sets of links which I uncover in the data on aggregate US job and worker flows. Job flows are strongly related to aggregate employment growth, while worker flows are strongly related to employment growth and the unemployment rate. I show that a simple frictionless...

This paper examines the comparative response of multinationals and domestic firms to an economic crisis, using the empirical setting of a well defined case of economic slowdown in Chile. We find that employment in manufacturing plants has been drastically reduced during the economic crisis. Our...

This paper examines whether subjective expectations of unemployment are reliable indicators of the probability of becoming unemployed, and investigates their association with wage growth. We find that workers' fears of unemployment are increased by their previous unemployment experience and by...

In der Covid 19-Pandemie verschärften viele deutsche Automobilhersteller und Zulieferer ihre Programme zu Effizienzsteigerungen und Kostensenkung. Im Fokus standen diesmal insbesondere Verwaltungsbereiche und FuE-Tätigkeiten an den Konzernzentralen - Group Functions. Eine arbeitsorientierte...

This paper considers how companies use their own mass communication media to create, with the aid of metaphors, a legitimizing image of their practices. The analysis is based on the example of two banks, both of which undertook massive staff and cost reductions between 2001 and 2003. Downsizing...

Using firm-level and individual panel data from 2008-2009, the paper looks at how Hungarian firms combined employment reduction with "softer" measures like short-work and wage cuts, in response to the crisis. The data suggest that the wage distribution remained practically unchanged while hours...

Die gesamte Weltwirtschaft wurde von der Finanzmarktkrise der vergangenen Jahre erheblich getroffen. Auch der Einzelhandel in Deutschland hatte mit Umsatzeinbußen zu kämpfen, überstand diese Zeit allerdings verhältnismäßig glimpflich. Der Großhandel hat sich nach teilweise deutlich...