Employment Adjustment and Labor Utilization. / Trapeznikova, Ija.

In: International Economic Review, Vol. 58, No. 3, 25.08.2017, p. 889–922.

Research output: Contribution to journalArticlepeer-review

E-pub ahead of print

Standard

Employment Adjustment and Labor Utilization. / Trapeznikova, Ija.

In: International Economic Review, Vol. 58, No. 3, 25.08.2017, p. 889–922.

Research output: Contribution to journalArticlepeer-review

Harvard

Trapeznikova, I 2017, 'Employment Adjustment and Labor Utilization', International Economic Review, vol. 58, no. 3, pp. 889–922. https://doi.org/10.1111/iere.12239

APA

Vancouver

Trapeznikova I. Employment Adjustment and Labor Utilization. International Economic Review. 2017 Aug 25;58(3):889–922. https://doi.org/10.1111/iere.12239

Author

Trapeznikova, Ija. / Employment Adjustment and Labor Utilization. In: International Economic Review. 2017 ; Vol. 58, No. 3. pp. 889–922.

BibTeX

@article{1aada48d37014a3f98817c14e8da2906,
title = "Employment Adjustment and Labor Utilization",
abstract = "Standard models of labor adjustment assume that firms can change only the size of their workforce (the extensive margin) and not the number of hours of their existing employees (the intensive margin) in response to shocks. I propose a general equilibrium search model that allows for adjustment on both of these margins. The model includes on-the-job search that generates different vacancy filling and attrition rates across firms. I calibrate the model to a unique matched employer-employee panel of Danish firms and simulate two labor market policies aimed at promoting job creation: hiring subsidies and a reduction in the official workweek.",
author = "Ija Trapeznikova",
year = "2017",
month = aug,
day = "25",
doi = "10.1111/iere.12239",
language = "English",
volume = "58",
pages = "889–922",
journal = "International Economic Review",
issn = "0020-6598",
publisher = "Wiley-Blackwell",
number = "3",

}

RIS

TY - JOUR

T1 - Employment Adjustment and Labor Utilization

AU - Trapeznikova, Ija

PY - 2017/8/25

Y1 - 2017/8/25

N2 - Standard models of labor adjustment assume that firms can change only the size of their workforce (the extensive margin) and not the number of hours of their existing employees (the intensive margin) in response to shocks. I propose a general equilibrium search model that allows for adjustment on both of these margins. The model includes on-the-job search that generates different vacancy filling and attrition rates across firms. I calibrate the model to a unique matched employer-employee panel of Danish firms and simulate two labor market policies aimed at promoting job creation: hiring subsidies and a reduction in the official workweek.

AB - Standard models of labor adjustment assume that firms can change only the size of their workforce (the extensive margin) and not the number of hours of their existing employees (the intensive margin) in response to shocks. I propose a general equilibrium search model that allows for adjustment on both of these margins. The model includes on-the-job search that generates different vacancy filling and attrition rates across firms. I calibrate the model to a unique matched employer-employee panel of Danish firms and simulate two labor market policies aimed at promoting job creation: hiring subsidies and a reduction in the official workweek.

U2 - 10.1111/iere.12239

DO - 10.1111/iere.12239

M3 - Article

VL - 58

SP - 889

EP - 922

JO - International Economic Review

JF - International Economic Review

SN - 0020-6598

IS - 3

ER -