This paper explores how the joint behavior of hiring and investment is governed by the expected present values of … market developments. Key findings include: (i) complementarity between the hiring and investment processes; (ii) important … capital and of jobs. It uses a model of frictions, which is a combination of a search model of the labor market and a q …

the investment rate depends mostly on future returns. -- gross investment ; gross hiring ; frictions ; business cycles …The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores ….S. data, it shows that the model with frictions is able to fit the data. A key element is the interaction of hiring and …

When hiring new workers, employers use a wide variety of different recruiting methods in addition to posting a vacancy …

When hiring new workers, employers use a wide variety of different recruiting methods in addition to posting a vacancy …

U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the … dynamic behavior of the labor share of GDP. The counter-cyclicality of hiring rates and job values, which may appear counter …