employment turnover and high insurance can co-exist with an American-type steady-state with low unemployment, high employment …

wages, nor are they effectively enforced. During the recent slowdown, average wages adjusted rapidly and employment was soon …Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in … enforced remains to be seen. For the time being, de facto employment protection is far less than de jure, with an enduring …

employment turnover and high insurance can co-exist with an American-type steady-state with low unemployment, high employment …

unemployment, low employment turnover and high insurance can co-exist with an American-type steady state with low unemployment …, high employment turnover and low unemployment insurance. A calibrated version of the model features two distinct steady …

After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high … accounted for by a single proximate cause - rising employment and wages in low-education, in-person service occupations. We … automation. We find that in labor markets that were initially specialized in routine-intensive occupations, employment and wages …