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Identifying the Substitution Effect of Temporary Agency Employment

Elke Jahn and Enzo Weber

No 463, University of Regensburg Working Papers in Business, Economics and Management Information Systems from University of Regensburg, Department of Economics

Abstract: This paper fills a gap in the literature by investigating whether temporary agency employment substitutes regular employment. To take into account the interaction between the two employment forms, we identify a SVAR model with correlated innovations by volatility regimes. We show that a positive shock to temporary agency employment increases overall employment, but also leads to substitution of regular jobs.

Keywords: temporary agency employment; substitution effect; Germany (search for similar items in EconPapers)
JEL-codes: C32 J21 J41 (search for similar items in EconPapers)
Date: 2012-03-19
New Economics Papers: this item is included in nep-lab
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https://epub.uni-regensburg.de/23597/1/JahnWeber.pdf (application/pdf)

Related works:
Journal Article: IDENTIFYING THE SUBSTITUTION EFFECT OF TEMPORARY AGENCY EMPLOYMENT (2016) Downloads
Working Paper: Identifying the Substitution Effect of Temporary Agency Employment (2012) Downloads
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