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-economy business cycles tend to be shallower in advanced economies than in EMDEs. Informal employment in both advanced economies and …
Persistent link: https://www.econbiz.de/10012625108
Recent dynamic contracting models of downward real wage rigidity with "equal treatment" – newly hired workers cannot price themselves into jobs by undercutting incumbents – imply that real wages are relatively rigid in "bad" times but upwardly flexible during "good" times. We use an...
Persistent link: https://www.econbiz.de/10011873508
-economy business cycles tend to be shallower in advanced economies than in EMDEs. Informal employment in both advanced economies and …
Persistent link: https://www.econbiz.de/10012628466
fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …
Persistent link: https://www.econbiz.de/10010513222
We document that fluctuations in part-time employment play a major role in movements in hours per worker during … part-time employment. The evolution of parttime employment is predominantly explained by cyclical changes in transitions … between full-time and part-time employment. Those transitions occur overwhelmingly at the same employer, entail sizable …
Persistent link: https://www.econbiz.de/10012542456
Theoretical models of downward real wage rigidity generate asymmetric wage cyclicality with real wages being rigid in "bad" times but upwardly flexible during "good". In this paper we use an administrative panel dataset from Germany to establish that such asymmetries are very salient in Germany....
Persistent link: https://www.econbiz.de/10010490623
not allow to analyse spatial interdependence. In our approach, instead, we make use of local employment patterns. In … particular, using sectoral employment of 8091 Italian municipalities across 18 economic activities, our approach allows to … identify spatial inter-linkages in terms of employment patterns. By comparing such local employment patterns, our methodology …
Persistent link: https://www.econbiz.de/10012111812
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and … part-time work. Transitions from full-time to involuntary part-time employment dominate this dynamics, spiking up at …
Persistent link: https://www.econbiz.de/10011913254
Recent dynamic contracting models of downward real wage rigidity with "equal treatment" - newly hired workers cannot price themselves into jobs by undercutting incumbents – imply that real wages are relatively rigid in "bad" times but upwardly flexible during "good" times. We use an...
Persistent link: https://www.econbiz.de/10011855567
We provide evidence that positive industry-level productivity shocks cause employment to fall in the short run in the … findings show that the unconditional correlation between growth rates of productivity and employment (measured as hours …-quarters of the industries. After a positive productivity shock, short-run employment falls in 26 of the 31 industries. The …
Persistent link: https://www.econbiz.de/10010931942