Employment Dynamics and the Structure of Labor Adjustment Costs In this paper we document the patterns of employment adjustment at the micro-level. We find clear evidence of lumpy adjustment consistent with the presence of non-convexities in the adjustment technology inaction is pervasive, action spells are short-lived, extreme adjustment episodes occur and are responsible for a non-trivial sha...

If the future market wage is uncertain, engaging in long–term employment is risky, with the risk depending on how regulated the labor market is. In our experiment long– term employment can result either from offering long–term contracts or from repeatedly and mutually opting for rematching. Treatments differ in how regulations restrict the employer’s flexibility in adapting the employment contr...

Self-Employment Dynamics Across the Business Cycle: Migrants Versus Natives Economically active people are either in gainful employment, are unemployed or selfemployed. We are interested in the dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment are absorbing states. However, innovations, structural changes and...

Differences in Employment Outcomes for College Town Stayers and Leavers Areas surrounding colleges and universities are often able to build their local stock of human capital by retaining recent graduates in the area after they finish their education. This paper classifies 41 U.S. metropolitan areas as “college towns” and investigates differences in employment outcomes between college graduates...

Risk Aversion and Sorting into Public Sector Employment This research note uses two German data sets – the large-scale German Socio-Economic Panel and unique data from own student questionnaires – to analyse the relationship between risk aversion and the choice for public sector employment. Main results are: (1) more risk averse individuals sort into public sector employment, (2) the impact of ...

Short-Run and Long-Term Effects of Childbirth on Mothers’ Employment and Working Hours Across Institutional Regimes: An Empirical Analysis Based on the European Community Household Panel The employment behavior of mothers is strongly influenced by labor market regulations and certain institutional arrangements, which both vary greatly across European countries. Using the European Community Hous...

The Effect of Ethnic Identity on the Employment of Immigrants This study evaluates the effect of ethnic identity on the employment level of immigrants in Greece. Treating ethnic identity as a composite of key cultural elements the estimations suggest that employment is positively associated with assimilation and integration and negatively associated with separation and marginalization. In all c...

Disability and Multi-State Labour Force Choices with State Dependence I use a dynamic mixed multinomial logit model with unobserved heterogeneity to study the impact of work limiting disabilities on disaggregated labour choices. The first seven waves of the Household Income and Labour Dynamics in Australia survey are used to investigate this relationship. Findings point out to strong state depe...