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Artykuły w czasopismach na temat "Cyclical reallocation"

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Loungani, Prakash, and Richard Rogerson. "Cyclical fluctuations and sectoral reallocation." Journal of Monetary Economics 23, no. 2 (1989): 259–73. http://dx.doi.org/10.1016/0304-3932(89)90051-2.

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Starr-McCluer, Martha. "Cyclical fluctuations and sectoral reallocation." Journal of Monetary Economics 31, no. 3 (1993): 417–25. http://dx.doi.org/10.1016/0304-3932(93)90056-l.

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Moscarini, Giuseppe, and Fabien Postel-Vinay. "The Cyclical Job Ladder." Annual Review of Economics 10, no. 1 (2018): 165–88. http://dx.doi.org/10.1146/annurev-economics-080217-053425.

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Many theories of labor market turnover generate a job ladder. Due to search frictions, workers earn rents from employment. All workers agree on which jobs are, in this sense, more desirable and slowly climb the job ladder through job-to-job quits. Occasionally, negative shocks throw them off the ladder and back into unemployment. We review a recent body of theory and empirical evidence on labor market turnover through the lens of the job ladder. We focus on the critical role that the job ladder plays in transmitting aggregate shocks, through the pace and direction of employment reallocation, t
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Cooper, Russell W., and Immo Schott. "Capital reallocation and the cyclicality of aggregate productivity." Quantitative Economics 14, no. 4 (2023): 1337–65. http://dx.doi.org/10.3982/qe1892.

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Capital reallocation between firms is procyclical and leads to variations in measured aggregate productivity. In this paper, we ask how much of the cyclical variation in measured productivity is the consequence of capital reallocation. We build a heterogeneous‐firm model to study the effects of exogenous shocks to total factor productivity (TFP) and to the costs of reallocation. These shocks cause an endogenous cyclicality of measured aggregate productivity. Only a model driven by exogenous TFP shocks is able to generate both data‐consistent cyclical movements in reallocation and sizeable vari
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Davis, Steven J., and John Haltiwanger. "On the Driving Forces Behind Cyclical Movements in Employment and Job Reallocation." American Economic Review 89, no. 5 (1999): 1234–58. http://dx.doi.org/10.1257/aer.89.5.1234.

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Theory restricts short-run job creation and destruction responses and cumulative employment and job reallocation responses to allocative and aggregate shocks. We formulate these restrictions and implement them for postwar data on U.S. manufacturing. Allocative shocks are the main driving force behind cyclical movements in job reallocation, but their contribution to employment fluctuations varies greatly across alternative identification assumptions. Also, the data compel one or both of the following inferences: aggregate shocks greatly alter the shape and not just the mean of the cross-section
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Bartelsman, Eric, Paloma Lopez-Garcia, and Giorgio Presidente. "Labour Reallocation in Recession and Recovery: Evidence for Europe." National Institute Economic Review 247 (February 2019): R32—R39. http://dx.doi.org/10.1177/002795011924700113.

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This paper builds upon Bartelsman, Lopez-Garcia, and Presidente (2018) and provides empirical evidence on the cyclical features of labour reallocation in a sample of European Union (EU) countries over the Great Recession and the slow recovery. The analysis makes use of cross-country micro-aggregated data on firm dynamics and productivity from release 6 of the ECB CompNet database. While productivity-enhancing reallocation generally is counter-cyclical, with a stronger effect providing a silver lining in downturns, it was weaker during the Great Recession in the EU, but reverted back to more no
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Gielen, Anne C., and Jan C. van Ours. "Age-specific cyclical effects in job reallocation and labor mobility." Labour Economics 13, no. 4 (2006): 493–504. http://dx.doi.org/10.1016/j.labeco.2006.02.006.

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Cichocki, Stanislaw, Joanna Tyrowicz, and Lucas van der Velde. "Cyclical Trend of Labor Reallocation in Poland: Transition and Structural Change." Eastern European Economics 55, no. 6 (2017): 543–56. http://dx.doi.org/10.1080/00128775.2017.1381027.

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Haltiwanger, John C., Henry R. Hyatt, Lisa B. Kahn, and Erika McEntarfer. "Cyclical Job Ladders by Firm Size and Firm Wage." American Economic Journal: Macroeconomics 10, no. 2 (2018): 52–85. http://dx.doi.org/10.1257/mac.20150245.

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We study whether workers progress up firm wage and size job ladders, and the cyclicality of this movement. Search theory predicts that workers should flow toward larger, higher paying firms. However, we see little evidence of a firm size ladder, partly because small, young firms poach workers from all other businesses. In contrast, we find strong evidence of a firm wage ladder that is highly procyclical. During the Great Recession, this firm wage ladder collapsed, with net worker reallocation to higher wage firms falling to zero. The earnings consequences from this lack of upward progression a
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Carrillo-Tudela, Carlos, and Ludo Visschers. "Unemployment and Endogenous Reallocation Over the Business Cycle." Econometrica 91, no. 3 (2023): 1119–53. http://dx.doi.org/10.3982/ecta12498.

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This paper studies the extent to which the cyclicality of occupational mobility shapes that of aggregate unemployment and its duration distribution. We document the relation between workers' occupational mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop a multisector business cycle model with heterogenous agents. The model is quantitatively consistent with several important features of the US labor market: procyclical gross and countercyclical net occupational mobility, the large volatility of unemployment and the cyclical propertie
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Książki na temat "Cyclical reallocation"

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Gielen, Anne C. Age-specific cyclical effects in job reallocation and labor mobility. IZA, 2005.

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Feist, Lisa,, Rosen, Asenov, and Astrid, Henningsen. Imbalances between supply and demand recent causes of labour shortages in advanced economies. ILO, 2024. http://dx.doi.org/10.54394/luty2310.

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In the wake of the COVID-19 pandemic, numerous high-income countries encountered heightened vacancy rates and labour shortages, which persisted into 2023. This paper examines the dynamics underlying labour market fluctuations in advanced economies, such as cyclical movements, structural shifts and pandemic-induced trends. The surge in labour demand following economic reopening varied across sectors, as sustained fiscal support measures bolstered demand, contributing to a pronounced uptick in vacancies. Statistics on labour force participation and working hours highlight the intricacies of the
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Części książek na temat "Cyclical reallocation"

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Savic, Mirko, and Jovan Zubovic. "Modeling Labor Market Flows on the Basis of Sectoral Employment in Europe." In Advances in Finance, Accounting, and Economics. IGI Global, 2017. http://dx.doi.org/10.4018/978-1-5225-0959-2.ch007.

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By tracking the cross-sectoral distribution of employment growth, it is possible to significantly improve the ability to understand aggregate fluctuations of labor force. Adequate model can provide information which sectors have stronger impact on unemployment-to-employment transitional probability. The main goal of this research is modeling the influence of sectoral employment on outflow rate across Europe during economic crisis. Authors argue that shifts in sectoral demand have strong influence on cyclical variation in unemployment-to-employment transition. Study also uncovers highly linear
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Łaski, Kazimierz. "Income and GDP in the model with government." In Lectures in Macroeconomics, edited by Jerzy Osiatyński and Jan Toporowski, translated by James West. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780198842118.003.0006.

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In the modern capitalist economy, the government fulfills three main economic functions. First, through fiscal policy, it influences employment, prices, and the GDP growth rate. With progressive taxation and welfare provision, the government can stabilize the economy through counter-cyclical policy. The government’s activity may expand or contract the market if the government’s expenditure exceeds the demand-depressing effects of taxation so that the resulting budget deficit increases the market. The controversy over the fiscal multiplier. Second, government supplements and corrects the market
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Raporty organizacyjne na temat "Cyclical reallocation"

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Davis, Steven, and John Haltiwanger. On the Driving Forces Behind Cyclical Movement, in Employment and Job Reallocation. National Bureau of Economic Research, 1996. http://dx.doi.org/10.3386/w5775.

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Haltiwanger, John, Henry Hyatt, and Erika McEntarfer. Cyclical Reallocation of Workers Across Employers by Firm Size and Firm Wage. National Bureau of Economic Research, 2015. http://dx.doi.org/10.3386/w21235.

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Pagés, Carmen. Employment and Unemployment in Latin America: Stylized Facts and Implications for the Design of Employment Policies. Inter-American Development Bank, 2003. http://dx.doi.org/10.18235/0006657.

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This presentation was commissioned by the Poverty Reduction and Social Protection Network of the Regional Policy Dialogue for the V Hemispheric Meeting celebrated on May 22nd and 23rd, 2003. Developments in the labor market of the region during the nineties. Patterns of adjustment to cyclical shocks. Patterns of reallocation of workers and jobs as a response to sectorial and idiosyncratic shocks.
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