Showing 1 - 10 of 147,568
productivity across industries. Using our constructed measure of adaptability to social distancing, we empirically find that … industries that are more adaptive to social distancing had less decline in employment and productivity during the pandemic. Using … this empirical evidence, our model predicts that employment and productivity dispersion would induce labor reallocation …
Persistent link: https://www.econbiz.de/10012880230
productivity across industries. Using our constructed measure of adaptability to social distancing, we empirically find that … industries that are more adaptive to social distancing had less decline in employment and productivity during the pandemic. Using … this empirical evidence, our model predicts that employment and productivity dispersion would induce labor reallocation …
Persistent link: https://www.econbiz.de/10014092870
productivity across industries. Using our constructed measure of adaptability to social distancing, we empirically find that … industries that are more adaptive to social distancing had less decline in employment and productivity during the pandemic. Using … this empirical evidence, our model predicts that employment and productivity dispersion would induce labor reallocation …
Persistent link: https://www.econbiz.de/10013294344
Near term forecasts, also called nowcasts, are most challenging but also most important when the economy experiences an abrupt change. In this paper, we explore the performance of models with different information sets and data structures in order to best nowcast US initial unemployment claims...
Persistent link: https://www.econbiz.de/10014095550
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
, greater average firm productivity, a larger formal employment share, and a marginally lower unemployment rate. …
Persistent link: https://www.econbiz.de/10014496287
We study a search model where workers can send multiple applications to high and low productivity firms. Firms that … equilibrium where workers mix between sending both applications to the high and both to the low productivity sector. Efficiency …
Persistent link: https://www.econbiz.de/10003301669
In this paper we study the allocation of workers over high and low productivity firms in a labor market with … coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms … and sending both to the low productivity sector. But, efficiency requires that they apply to both sectors because a higher …
Persistent link: https://www.econbiz.de/10011348699
The economic crisis of 2008-2009, the most important that France knew since the Second world war, had a significant impact on the employment situation but, in relation with the fall of the production, the observed destructions of jobs were less large this time than during the recession of...
Persistent link: https://www.econbiz.de/10008765862