منابع مشابه
Does Wage Persistence Matter for Employment Fluctuations ?
Recent work by Robert Shimer (2005) has stressed the difficulties of the standard Dale T. Mortensen and Christopher A. Pissarides (1994) model in explaining the cyclical movement of unemployment. As potential mechanism behind observed employment dynamics, several papers (e.g., Shimer 2004, Robert Hall 2005, and Hall and Paul Milgrom 2008) have suggested rigidities in the wage setting process th...
متن کاملIndustrial Agglomeration and Spatial Persistence of Employment in Software Publishing
We use geocoded administrative establishment data in Texas to estimate the effects of localization economies on the spatial persistence of industrial employment in the software industry. The choice of the software industry allows us to distinguish between the spatial persistence of employment due to human capital spillovers from that due to the labor pool channel. Unlike previous research, this...
متن کاملWages and Employment Persistence with Multi-worker Firms
We present a generalization of the standard random-search model of unemployment in which firms hire multiple workers and in which the hiring process is time-consuming as well as costly. We follow Stole and Zwiebel (1996a,b) and assume that wages are determined by continuous bargaining between the firm and its employees. This generates a non-trivial dispersion of firm sizes; when firms’ producti...
متن کاملMultiple Equilibria and Endogenous Persistence in a Dynamic Model of Employment
In this paper, I consider whether: (1) a dynamic forward-looking model with multiple equilibria can generate persistent fluctuations without persistent sunspots; and (2) indeterminacy is important for these persistent fluctuations. The answer to the first question is a tentative no. The answer to the second question is yes. Extending the approach of Howitt and McAfee (1988, 1992), I work with a...
متن کاملOther Forms of Employment: Temporary Employment Agencies and Self-Employment
Other Forms of Employment: Temporary Employment Agencies and Self-Employment In most industrialized countries the majority of employed people are full-time employees with a non-temporary job and work at a workplace of the company in which they are employed. They are making careers at the employer they are employed by and most work-place changes are to other jobs of the same type. But it does no...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2001
ISSN: 1556-5068
DOI: 10.2139/ssrn.274171