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vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real … observed decline in output volatility …
Persistent link: https://www.econbiz.de/10008511733
vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real … observed decline in output volatility. …
Persistent link: https://www.econbiz.de/10008548717
vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real … observed decline in output volatility. …
Persistent link: https://www.econbiz.de/10008548743
The value of land in the balance sheet of French firms correlates positively with their hiring and investment flows. To … land price shocks give rise to significant amplification and hump-shaped responses of investment, vacancies and …
Persistent link: https://www.econbiz.de/10011106000
This paper assesses various capital and labor adjustment costs functions estimating a general equilibrium framework with Bayesian methods using US aggregate data. The estimation finds that the adjustment costs are convex in both capital and labor and allowing for their joint interaction is...
Persistent link: https://www.econbiz.de/10011190675
The value of land in the balance sheet of French firms correlates positively with their hiring and investment flows. To … land price shocks give rise to significant amplification and hump-shaped responses of investment, vacancies and …
Persistent link: https://www.econbiz.de/10011086670
-looking hiring and labor supply decisions, efficiency entails both static and intertemporal margins. We develop welfare …-finding rates, in line with empirical evidence. We show analytically in a simplified version of the model that volatility arises …
Persistent link: https://www.econbiz.de/10008855330
vacancies on the other hand, which is observationally equivalent to a constant returns Cobb-Douglas function commonly used to …
Persistent link: https://www.econbiz.de/10010332854
The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
Persistent link: https://www.econbiz.de/10010368449
rates for Colombia for the period 1976 - 2012. The result is the first dataset capturing the evolution of vacancies for … between vacancies and unemployment with a structural change-an outward shift-around 1986. …
Persistent link: https://www.econbiz.de/10011603707