Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/106297 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
Working Paper No. 2014:28
Verlag: 
Institute for Evaluation of Labour Market and Education Policy (IFAU), Uppsala
Zusammenfassung: 
We analyze how firms adjust their labor in response to idiosyncratic shifts in their production function and demand curves using a unique data-set of Swedish manufacturing firms. We show that permanent shocks to firm-level demand is a main driving force behind both job and worker reallocation. In contrast, shocks to physical productivity and temporary demand shocks have a very limited impact on firm-level employment despite being important determinants of other firm-level fundamentals. We also present evidence suggesting that the adjustment to permanent demand shocks is fairly unconstrained. Most notably, firms primarly downsize through increased separations of both short- and long-tenured workers even when they could have adjusted their employment through reduced hires.
Schlagwörter: 
technology
demand
job creation
rigidities
worker flows
JEL: 
J23
J63
O33
C33
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
2.66 MB





Publikationen in EconStor sind urheberrechtlich geschützt.