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temporary layoff. Recalls are associated with much shorter unemployment duration and better wage changes. Negative duration … dependence of unemployment nearly disappears once recalls are excluded. We also find that the probability of finding a new job is … function, while recalls are free and triggered by both aggregate and job-specific shocks. The recall option is lost when the …
Persistent link: https://www.econbiz.de/10010732483
problems with medical devices and the associated recalls present potential health risks to patients and personnel using these … medical device recalls to understand if these consequences are severe enough to deter firms from introducing potentially … attempt to explore the sources of recalls, this study investigates firm characteristics that are likely to be associated with …
Persistent link: https://www.econbiz.de/10009204374
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prolong and improve lives; when malfunctioning, the same devices may harm patients and lead to product recalls. Product … recalls create significant challenges for firms, but simul-taneously generate potentially lucrative opportunities for their … competitor recalls increase unaffected firms’ new product submission activities, establishing a previously un …
Persistent link: https://www.econbiz.de/10014033380
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In this paper we investigate the incentives of unemployed workers to wait for a recall when recall probabilities are endogenously determined by the waiting decisions of others. Because of a positive externality that arises when workers seek new employment, an excessive number of workers choose...
Persistent link: https://www.econbiz.de/10005181531
In this paper we investigate the incentives of unemployed workers to wait for a recall when recall probabilities are endogenously determined by the waiting decisions of others. Because of a positive externality that arise when workers seek new employment, an excessive number of workers choose to...
Persistent link: https://www.econbiz.de/10008914339
In this paper we investigate the incentives of unemployed workers to wait for a recall when recall probabilities are endogenously determined by the waiting decisions of others. Because of a positive externality that arise when workers seek new employment, an excessive number of workers choose to...
Persistent link: https://www.econbiz.de/10005273060