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We analyze the effect of automation and offshorability on unemployment duration and postunemployment outcomes such as wages and employment stability. Our rich administrative data allow us to evaluate the importance of providing unemployment training in this context. Employing a multivariate...
Persistent link: https://www.econbiz.de/10011895976
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm’s and from a macro perspective. Adjustment cost theories and arguments about option values...
Persistent link: https://www.econbiz.de/10009729669