Showing 1 - 10 of 187
product and labor markets on excess job reallocation and on the productivity-enhancing effects of job flows. …
Persistent link: https://www.econbiz.de/10010262315
selection criteria, labor market conditions, and income-support policy in facilitating the labor market adjustment of new … arrivals. Although these two cohorts entered Australia only five years apart, their initial labor market outcomes varied … turn resulted in higher participation rates and reduced unemployment. At the same time, improvement in Australian labor …
Persistent link: https://www.econbiz.de/10010262491
effects of UBs on labor market stocks, we focus on flows and rely on policy experiments, notably the introduction from scratch …
Persistent link: https://www.econbiz.de/10010268689
This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply … questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual … dynamic optimization theory. We develop a general framework for the labor market where the search for a job involves dynamic …
Persistent link: https://www.econbiz.de/10010273738
In this paper we document and analyse gross job flows in five transition countries, Poland, Estonia, Slovenia, Bulgaria and Romania. Using comparable firm level data over the years 1993- 1997, we find that in early transition job destruction dominates job creation, while the latter is picking up...
Persistent link: https://www.econbiz.de/10010274457
While results are starting to emerge, not much is known yet about the dynamics of the labor markets of the former … (panel) data. By examining labor market transitions, earnings levels, and earnings growth and their correlates using a recent … that females are disadvantaged in the Serbian labor market in terms of moving out of the two undesirable states …
Persistent link: https://www.econbiz.de/10010282280
paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports … in the former Soviet Republics of Russia and Ukraine. Analyzing interfirm reallocation of output, labor, capital, and an … rates that bore little relationship to relative labor and multifactor productivity across firms. Since reforms began …
Persistent link: https://www.econbiz.de/10010261809
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...
Persistent link: https://www.econbiz.de/10010267745
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10010269407
We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...
Persistent link: https://www.econbiz.de/10010269431