Showing 1 - 10 of 60
Persistent link: https://www.econbiz.de/10012100301
This paper investigates whether the Ethiopian economy is undergoing a virtuous process of structural change. In particular, it assesses the relative contributions of within-sector and between-sector productivity to output per capita growth. Based on data disaggregated into eight sectors for the...
Persistent link: https://www.econbiz.de/10011396020
In this article we study the resilience of the Portuguese labor market, in terms of job flows, employment and wage developments, in the context of the current recession. We single out the huge contribution of job destruction, especially due to the closing of existing firms, to the dramatic...
Persistent link: https://www.econbiz.de/10010786713
Persistent link: https://www.econbiz.de/10010845515
At first blush, most advances in labor demand were achieved by the late 1980s. Since then progress might appear to have stalled. We argue to the contrary that significant progress has been made in understanding labor market frictions and imperfections, and in modeling search behavior and...
Persistent link: https://www.econbiz.de/10011077483
Persistent link: https://www.econbiz.de/10010833598
We examine the timing of firms' operations in a formal model of labor demand. Merging a variety of data sets from Portugal from 1995-2004, we describe temporal patterns of firms' demand for labor and estimate production-functions and relative labor-demand equations. The results demonstrate the...
Persistent link: https://www.econbiz.de/10005720200
In this article we document the patterns of employment adjustment at the micro level. We find clear evidence of lumpy adjustment consistent with the presence of nonconvexities in the adjustment technology—inaction is pervasive, action spells are short-lived, and extreme adjustment episodes are...
Persistent link: https://www.econbiz.de/10005725559
Persistent link: https://www.econbiz.de/10009150213
In this article we study the resilience of the Portuguese labor market, in terms of job flows, employment and wage developments, in the context of the current recession. We single out the huge contribution of job destruction, especially due to the closing of existing firms, to the dramatic...
Persistent link: https://www.econbiz.de/10010257916