Employment adjustment in German firms (Betriebliche Beschäftigungsanpassung in Deutschland)

Sven Jung
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Sven Jung: Universität Erlangen-Nürnberg

Journal for Labour Market Research, 2014, vol. 47, issue 1-2, 83-106

Abstract: "Using a representative establishment data set for Germany, I show that, in line with the existing literature for several countries, firms' adjustment costs for employment are characterized by a fixed and convex functional form. Furthermore, they are asymmetric with dismissal costs exceeding hiring costs. An analysis of firms' adjustment in the period 1996 - 2010 also indicates that adjustment behavior has changed over time. Comparing the employment adjustment in the two observed business cycles comprising the years 1996 - 2003 and 2004 - 2010, I find that the adjustment speed was higher in the second business cycle indicating that adjustment costs have fallen in recent years." (Author's abstract, IAB-Doku) ((en))

Keywords: Bundesrepublik Deutschland; Ostdeutschland; Westdeutschland; Beschäftigerverhalten; Beschäftigungsentwicklung; Beschäftigungsschwankung; IAB-Betriebspanel; institutionelle Faktoren; Konjunkturabhängigkeit; Kosten; Kostenentwicklung; labour turnover; Leiharbeit; Personalabbau; Personalanpassung; Personaleinstellung; Arbeitnehmerüberlassung; Arbeitnehmerüberlassungsgesetz; 1996-2010 (search for similar items in EconPapers)
JEL-codes: C24 D22 E24 J23 (search for similar items in EconPapers)
Date: 2014-01-31
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DOI: 10.1007/s12651-014-0159-0

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