東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

Essays in Macro-Labor.

Lariau Bolentini, Ana Isabel.

FindBook

Google Book

Amazon

博客來

Essays in Macro-Labor.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Essays in Macro-Labor./
作者:	Lariau Bolentini, Ana Isabel.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2017,
面頁冊數:	152 p.
附註:	Source: Dissertation Abstracts International, Volume: 78-09(E), Section: A.
Contained By:	Dissertation Abstracts International78-09A(E).
標題:	Economics. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10277090
ISBN:	9781369743050

Essays in Macro-Labor.
Lariau Bolentini, Ana Isabel.

Essays in Macro-Labor. - Ann Arbor : ProQuest Dissertations & Theses, 2017 - 152 p.

Source: Dissertation Abstracts International, Volume: 78-09(E), Section: A.

Thesis (Ph.D.)--Boston College, 2017.

My doctoral research focuses on the role of labor market frictions in shaping macroeconomic outcomes.

ISBN: 9781369743050Subjects--Topical Terms:

517137
Economics.

Essays in Macro-Labor.
LDR:06182nmm a2200373 4500 001 2125271
005 20171107100616.5
008 180830s2017 ||||||||||||||||| ||eng d
020 $a 9781369743050
035 $a (MiAaPQ)AAI10277090
035 $a AAI10277090
040 $a MiAaPQ $c MiAaPQ
100 1 $a Lariau Bolentini, Ana Isabel. $0 (orcid)0000-0002-0530-6602 $3 3287330
245 1 0 $a Essays in Macro-Labor.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2017
300 $a 152 p.
500 $a Source: Dissertation Abstracts International, Volume: 78-09(E), Section: A.
500 $a Advisers: Sanjay K. Chugh; Fabio Schiantarelli.
502 $a Thesis (Ph.D.)--Boston College, 2017.
520 $a My doctoral research focuses on the role of labor market frictions in shaping macroeconomic outcomes.
520 $a To describe the empirical regularities of involuntary part-time employment, I use detailed micro-level data from longitudinally-linked monthly files of the Current Population Survey. A novel finding that emerges from the analysis of this dataset is that wages of involuntary part-time workers display higher volatility and lower persistence than those of their full-time counterparts, thus indicating a higher degree of flexibility. In addition, I find that changes in involuntary part-time employment are mostly explained by reallocation of workers from full-time to part-time positions within the firm, which involves more than just a mere reduction in hours worked. I then aggregate the data and compute business cycle statistics. Surprisingly, I find that the behavior of involuntary part-time employment resembles the behavior of unemployment more than the one of full-time employment. In fact, the results indicate that involuntary part-time employment is very volatile and strongly countercyclical.
520 $a To understand the evidence I find at the micro and macro levels, I build an augmented search and matching model of the labor market featuring full-time and part-time employment, and a production function that combines both types of workers. The decision of whether a worker is full-time or part-time is made entirely by the firm, depending on the realizations of both aggregate and idiosyncratic productivity processes. The model is able to deliver the countercyclicality of involuntary part-time employment found in the data. The key mechanism to obtain this result is the relatively higher flexibility of part-time contracts that makes it more profitable for the firm to reallocate workers from full-time to part-time arrangements during recessions.
520 $a I find evidence that involuntary part-time employment has become more volatile and persistent in the last 25 years. I study the impact that innovation in workforce management practices, a process that started in the 1990s and that has increased the degree of substitutability between full-time and part-time workers, may have had in changing the response over time of involuntary part-time employment to business cycle fluctuations. Impulse response analysis from the model indicates that an increase in the degree of substitutability makes involuntary part-time employment more sensitive to aggregate productivity shocks.
520 $a To construct the wedge we use a rigorously defined transformation function of the economy, which contains both the matching technology and the neoclassical production technology. Both technologies are primitives of the economy in the sense that a Social Planner must respect both processes. Given the model-appropriate transformation frontier and the household's static and dynamic marginal rates of substitution, we use data on the labor force participation rate, the employment rate, the vacancy rate, real consumption, real government spending, and real GDP to construct static and dynamic labor wedges.
520 $a We find that, in a version of the model where all employment relationships turn over every period, the static labor wedge is countercyclical, a result that is consistent with existing literature. Once we consider long-lasting employment relationships, we can measure both static and dynamic wedges separately. We then find that, while the static wedge continues to be countercyclical, the dynamic (or intertemporal) wedge is procyclical. Since the latter is associated with the vacancy-posting decision of the firm, this result suggests that understanding the behavior of labor demand may be crucial to explaining the dynamic wedge.
520 $a The results indicate that education/training activities have a significant and positive impact on the hazard rate, i.e. they increase the probability that an unemployed worker finds a job, while leisure has the opposite effect. Furthermore, neither job-search nor networking have a significant effect on the hazard rate in the baseline specification. However, this result changes when incorporating into the regression interaction terms of these variables with a dummy that takes the value one if the individual is a long-term unemployed and zero otherwise. In this case, the coefficient associated with networking becomes positive and significant, while the coefficient of the interaction term is negative. This implies that networking has a positive effect on the hazard rate for short unemployment spells, but this effect weakens if the individual has been unemployed for a longer period. On the other hand, even after incorporating the interaction term, job search remains insignificant.
520 $a These findings shed light on why individuals may not want to devote additional time to formal job search: it does not pay off with a higher likelihood of receiving a job offer, regardless of the length of the unemployment spell. On the other hand, other activities, such as investing in education or networking, are positively related to the probability of finding a job and thus it makes more sense for these individuals to devote more time to them. (Abstract shortened by ProQuest.).
590 $a School code: 0016.
650 4 $a Economics. $3 517137
650 4 $a Labor economics. $3 642730
690 $a 0501
690 $a 0510
710 2 $a Boston College. $b GSAS - Economics. $3 2094797
773 0 $t Dissertation Abstracts International $g 78-09A(E).
790 $a 0016
791 $a Ph.D.
792 $a 2017
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10277090