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Zooming the Ins and Outs of the U.S. Unemployment with a Wavelet Lens

Portugal, Pedro - 2018

To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …

Persistent link: https://www.econbiz.de/10012917094

Decomposing the Wage Losses of Displaced Workers : The Role of the Reallocation of Workers into Firms and Job Titles

Raposo, Pedro S. - 2015

Using an unusually rich matched employer-employee-job title data set for Portugal, this paper evaluates the sources of wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and after displacement. Potential wage losses of displaced...

Persistent link: https://www.econbiz.de/10013016273

Marginal Employment and the Demand forHeterogenous Labour: Empirical Evidence froma Multi-Factor Labour Demand Model for Germany

Freier, Ronny; Steiner, Viktor - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We develop a structural multi-factor labour demand model which distinguishes between eightlabour categories including non-standard types of employment such as marginalemployment. The model is estimated for both the number of workers and total working hoursusing a new panel data set...

Persistent link: https://www.econbiz.de/10005863263

Making Work Pay for the Elderly Unemployed : Evaluating Alternative Policy Reforms for Germany

Steiner, Viktor - 2006

We evaluate three policy reforms targeted at older unemployed people: (i) an hourly wage subsidy, (ii) an in-work credit, and (iii) a subsidy of social security contributions on low wages. The work incentive, labour supply and welfare effects of these hypothetical reforms are analysed on the...

Persistent link: https://www.econbiz.de/10012779051

Spatial and Temporal Aggregation in the Estimation of Labor Demand Functions

Varejão, José - 2007

The consequences of aggregation, temporal or spatial, for the estimation of demand models are theoretically well-known, but have not been documented empirically with appropriate data before. In this paper we conduct a simple, but instructive, exercise to fill in this gap, using a large quarterly...

Persistent link: https://www.econbiz.de/10012777084

'Marginal Employment' and the Demand for Heterogenous Labour : Empirical Evidence from a Multi-Factor Labour Demand Model for Germany

Freier, Ronny; Steiner, Viktor - 2021

We develop a structural multi-factor labour demand model which distinguishes between eight labour categories including non-standard types of employment such as marginal employment. The model is estimated for both the number of workers and total working hours using a new panel data set. For...

Persistent link: https://www.econbiz.de/10013317227

Labor Adjustment Costs in a Panel ofEstablishments: A Structural Approach

Ejarque, João Miguel; Portugal, Pedro - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper estimates a structural model of the employment decision of the firm. Ourestablishment level data displays an extreme degree of rigidity in that employment levels arelargely constant throughout our sample...

Persistent link: https://www.econbiz.de/10005861639

The Persistence of Wages

Carneiro, Anabela Jesus Moreira; Portugal, Pedro; … - 2022

This paper provides comprehensive and detailed empirical regression analyses of the sources of wage persistence. Exploring a rich matched employer-employee data set and the estimation of a dynamic panel wage equation with high-dimensional fixed effects, our empirical results show that permanent...

Persistent link: https://www.econbiz.de/10014084045

Catastrophic Job Destruction

Carneiro, Anabela Jesus Moreira - 2013

the closing of existing firms, to the dramatic decline of total employment and increase of the unemployment rate. We also …

Persistent link: https://www.econbiz.de/10013073862

Real Wages and the Business Cycle : Accounting for Worker and Firm Heterogeneity

Carneiro, Anabela Jesus Moreira - 2009

wages. A one-point increase in the unemployment rate decreases wages of newly hired male workers by around 2.8% and by just …

Persistent link: https://www.econbiz.de/10013159514