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Persistent link: https://www.econbiz.de/10009737284
This paper examines the dynamics of employment adjustment in New Zealand, focusing on the response of firms to the 2008/09 Global Financial Crisis. We use data from Statistics New Zealand's prototype Longitudinal Business Database (LBD) to examine firms' employment responses to output shocks...
Persistent link: https://www.econbiz.de/10013107881
This paper examines the incidence of involuntary job loss and its impact on the employment and earnings of affected workers, using data from the Survey of Families, Incomes and Employment (SoFIE) for the 2002-09 period. It focusses on employees who had been working in their job for at least one...
Persistent link: https://www.econbiz.de/10013083630
Workers who experience involuntary job loss suffer from deep and persistent negative consequences. In this paper, we first summarise the evidence on the effects of involuntary job loss on displaced workers’ wellbeing. We conclude that displacement harms workers’ mental health and economic...
Persistent link: https://www.econbiz.de/10013324381
Persistent link: https://www.econbiz.de/10009563019
New Zealand entered an economic downturn in the first quarter of 2008, which was prolonged by the global financial crisis later that year. The labor market recovery was slow until 2013, when net immigration, employment growth, and unemployment declines all picked up. Labor market liquidity has...
Persistent link: https://www.econbiz.de/10011816155
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New Zealand is a small open economy, with large international labor flows and skilled immigrants. After the global financial crisis (GFC) employment took four years to recover, while unemployment took more than a decade to return to pre-crisis levels. Māori, Pasifika, and young workers were...
Persistent link: https://www.econbiz.de/10013413236
Past research finds evidence that workers' labour market outcomes are enhanced if they live in areas with greater job opportunities and employment density. Using two alternative measures of the employment density and job opportunities faced by workers in the local labour market in which they...
Persistent link: https://www.econbiz.de/10014445450
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