cover -- Contents -- Acknowledgments -- Competing interests -- About IZA -- Editorial board -- INTRODUCTION -- SECTION I: Program evaluation -- SECTION II: Behavioral and personnel economics -- SECTION III: Migration -- SECTION IV: Institutions -- SECTION V: Transition and emerging economies --...

The chapter presents a discussion on the demand for labor in the long run, which is important to labor economists for a variety of reasons. As in the market for a commodity, similarly in the market for labor, the demand is an integral determinant of the price of what is exchanged. The purpose of...

This study derives and estimates a dynamic model of factor demand that includes both fixed and quadratic variable costs of adjustment. Using quarterly data on the employment of mechanics at seven airlines, it finds that both types of adjustment costs characterize the dynamic constraints facing...

We construct a general dynamic structural model of two-sided learning between a firm and its workers. We estimate an empirical version of the model using personnel data from Fokker Aircraft that cover the path of layoffs and quits through its bankruptcy. We find that the firm learns about its...

This study examines what one can infer from aggregate time-series of employment under the assumption that adjustment at the micro level is discrete because of lumpy adjustment costs. The research uses various sets of quarterly and monthly data for the United States and imposes assumptions about...

An increasing variety of phenomena involve the mixing of market work and leisure, or market work and home production, both by individuals and across household members. The growth of vacations, holidays and days absent from work; the rise in part-time employment and the reduction in moonlighting;...

The main stated purposes of social insurance programs have been the maintenance of consumption by people suffering from misfortunes, and the stabilization of employment. Despite this, most recent research on unemployment insurance (UI) and Old Age Insurance has focused on secondary labor-market...

We link information on the current earnings of college graduates from many cohorts to their high-school records, their detailed college records and their demographics to infer the impact of college major on earnings. We develop an estimator to handle the potential for non-response bias and...