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Sequentiality Versus Simultaneity : Interrelated Factor Demand

Asphjell, Magne Krogstad - 2010

A structural model is developed and estimated by a maximum likelihood routine to investigate interrelated factor demand subject to nonconvex adjustment costs. The dataset concerns Norwegian plants operating in manufacturing industries and it covers the period 1993-2005. The estimates indicate...

Persistent link: https://www.econbiz.de/10013135185

Identifying Adjustment Costs of Net and Gross Employment Changes

Ejarque, João; Nilsen, Øivind Anti - 2021

A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, whether they depend on net or gross changes in employment. We estimate a structural model of dynamic labour demand where the firm faces adjustment costs related to gross and net changes in its...

Persistent link: https://www.econbiz.de/10013324967

Migration and the Wage Curve : A Structural Approach to Measure the Wage and Employment Effects of Migration

Brücker, Herbert; Jahn, Elke J. - 2021

through immigration increases the aggregate unemployment rate by less than 0.1 percentage points and reduces average wages by …

Persistent link: https://www.econbiz.de/10013324829

The Labor Demand Was Downward Sloping : Disentangling Migrants' Inflows and Outflows, 1929-1957

Biavaschi, Costanza - 2012

This paper studies in- and out-migration from the U.S. during the first half of the twentieth century and assesses how these flows affected state-level labor markets. It shows that out-migration positively impacted the wages of remaining workers, while in-migration had a negative impact. Hence,...

Persistent link: https://www.econbiz.de/10013096453

Measuring Immigration's Effects on Labor Demand : A Reexamination of the Mariel Boatlift

Bodvarsson, Örn B.; Lewer, Joshua J.; Van den Berg, Hendrik - 2021

It is now well known that exogenous immigration shocks tend to have benign effects on native employment outcomes … the effects of an immigration shock on labor demand by testing a general equilibrium model in which imperfectly …-augmenting effect of an immigration shock is a significant secondary adjustment process that must be considered when assessing the …

Persistent link: https://www.econbiz.de/10013316921

The Labor Demand Effects of Refugee Immigration : Evidence from a Natural Experiment

Berbée, Paul; Brücker, Herbert; Garloff, Alfred; … - 2022

We study the labor demand effect of immigration on local labor markets by exploiting the fact that refugees in Germany … are banned from working in the first few months after arrival. This natural experiment allows isolating a pure immigration … demand effects complements the literature that isolates labor supply shocks from immigration, so as to gain a more …

Persistent link: https://www.econbiz.de/10014264550

Why Do Firms Use Fixed-Term Contracts?

Portugal, Pedro - 2009

Temporary forms of employment account for a variable but never trivial share of total employment in both the U.S. and in Europe. In this article we look at how one specific form of temporary employment − employment with fixed-term contracts − fits into employers' hiring policies. We find...

Persistent link: https://www.econbiz.de/10013155608

Fiscal Competition for Imperfectly-Mobile Labor and Capital : A Comparative Dynamic Analysis

Wildasin, David E. - 2009

Interjurisdictional flows of imperfectly-mobile migrants, investment, and other productive resources result in the costly dynamic adjustment of resource stocks. This paper investigates the comparative dynamics of adjustment to changes in local fiscal policy with two imperfectly mobile productive...

Persistent link: https://www.econbiz.de/10013155707

Internal Adjustment Costs of Firm-Specific Factors and the Neoclassical Theory of the Firm

Chetty, V. Karuppan; Heckman, James J. - 2022

This paper considers the consequences of a two-sector vertically-integrated model of firms producing output using firm-specific capital with a second sector producing firm-specific capital by adapting raw capital purchased in the market. Analysts rarely observe each sector separately....

Persistent link: https://www.econbiz.de/10014241682

Adjustment Costs and Incentives to Work : Evidence from a Disability Insurance Program

Zaresani, Arezou - 2019

How important are adjustment costs for individuals when they face a change in work incentives induced by a policy change? I provide the first estimate of heterogeneous adjustment costs by exploiting a policy change that substantially increased work incentives. The policy change increased the...

Persistent link: https://www.econbiz.de/10012870390