This study focuses on the employment effect of a hiring subsidy available to firms with less than 50 employees, granted … discontinuity design, estimates show on average 2 percentage points higher employment growth for firms that became eligible for the … scheme. However, tests and complementary regressions suggest that the higher employment growth for smaller firms in 2013 is …

benefits (UB) and employment protection legislation (EPL) in the euro area from a Bayesian narrative panel VAR. The approach … activity and employment. In contrast to UB reforms, the effects of EPL reforms on employment emerge only gradually …

develop a suite of models to provide a more timely estimate (nowcast) of euro area quarterly employment growth based on a … timely assessment of employment developments with unemployment rates and sentiment indicators containing most of the relevant …

adjustment costs and indivisibility of labor in the employment stickiness of manufacturing firms with less than 75 employees …. When small firms have to adjust employment in units of at least one employee, indivisibility becomes an important source of … explains around 50% of the stickiness of employment, adjustment costs explain the other 50% …

sector employment and wages on the labour market, particularly on private sector wages. Our empirical evidence shows that the … growth of public sector wages and of public sector employment positively affects the growth of private sector wages. Moreover …, total factor productivity, the unemployment rate, hours per worker, and inflation, are also important determinants of …

and productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of … consumer durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …