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Beschäftigungsstabilität – Jobsicherheit trotz zunehmender Flexibilisierung?

Der Zuwachs flexibler Beschäftigungsformen in den letzten Jahrzehnten hat u.a. die Frage nach der Stabilität von Beschäftigungsverhältnissen aufgeworfen. Die durchschnittliche Dauer der Betriebszugehörigkeit, Daten zur Arbeitskräfte-Fluktuation sowie das Ausmaß befristeter Beschäftigung werden für die Bewertung von Beschäftigungsstabilität herangezogen. Empirische Studien konnten bisher eine Abnahme der Beschäftigungsstabilität im Zeitverlauf nicht bestätigen - allenfalls punktuell und bei bestimmten Qualifikationsstufen.

Diese Infoplattform enthält Literaturhinweise und Volltexte zur theoretischen Einbettung und empirischen Analyse der Stabilität von Beschäftigung.

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  • Literaturhinweis

    Sector switching in Germany (2021)

    Prümer, Stephanie;

    Zitatform

    Prümer, Stephanie (2021): Sector switching in Germany. (Friedrich-Alexander-Universität, Lehrstuhl für Arbeitsmarkt- und Regionalpolitik. Diskussionspapiere 122), Nürnberg, 40 S.

    Abstract

    "Wechsel des Beschäftigungssektors im Laufe des Berufslebens, d. h. der Wechsel vom privaten in den öffentlichen Sektor oder umgekehrt, sind häufig, wurden bisher jedoch kaum untersucht. Mit Daten des Sozio-oekonomischen Panels für Deutschland gebe ich Einblicke in diese Sektorwechsel. Außerdem analysiere ich, ob sozio-demografische Merkmale oder Einstellungen die Wahrscheinlichkeit, den Sektoren zu wechseln, beeinflussen. Ich zeige, dass Frauen mit höherer Wahrscheinlichkeit in den öffentlichen Sektor wechseln als Männer und dass die Wahrscheinlichkeit eines Wechsels in den öffentlichen Sektor positiv mit Bildung korreliert. Demgegenüber sind Einstellungen und nicht sozio-demografische Merkmale für die Wahrscheinlichkeit eines Wechsels in den privaten Sektor relevant. Ich folgere aus meiner Analyse, dass die Vertiefung des Wissen über Sektorwechsel das Personalmanagement im öffentlichen Sektor bereichern kann." (Autorenreferat, IAB-Doku)

    Beteiligte aus dem IAB

    Prümer, Stephanie;
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  • Literaturhinweis

    People at Work 2021: A Global Workforce View (2021)

    Richardson, Nela; Klein, Sara;

    Zitatform

    Richardson, Nela & Sara Klein (2021): People at Work 2021: A Global Workforce View. Roseland, 48 S.

    Abstract

    "This report provides a starting point to understand the situation facing employees today across five dimensions of working life: worker confidence and job security; workplace conditions; pay and performance; worker mobility; and gender and family." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Career stability in turbulent times: A cross-cohort study of mid-careers in Finland (2021)

    Riekhoff, Aart-Jan ; Pyöriä, Pasi; Ojala, Satu ;

    Zitatform

    Riekhoff, Aart-Jan, Satu Ojala & Pasi Pyöriä (2021): Career stability in turbulent times: A cross-cohort study of mid-careers in Finland. In: Acta sociologica, Jg. 64, H. 4, S. 437-458. DOI:10.1177/0001699320983422

    Abstract

    "In this article, we investigate whether the mid-career stability of Finnish men and women has changed for the birth cohorts 1958 to 1972 and, if so, what the driving forces are behind such changes. We analyse career stability during a 15-year period following the age of 30 using “career turbulence” indicators. To identify the impact of cyclical and structural changes in the labour market, we analyse the association between initial employment status and sector with subsequent career stability. We distinguish between sectors that are exposed to a greater or lesser extent to global competition, those that are characterised by goods production or service provision, and those that are part of the market or non-market sector. In a series of OLS regression and regression decomposition analyses, we also control for the impact of education, regional unemployment and family-formation processes. The results show little change in mid-career stability across cohorts. Stability increased somewhat when only including transitions between employment and non-employment, whereas slight destabilisation was observed when accounting for changes between jobs. The findings indicate that the small changes in stability across cohorts were mostly driven by structural changes in the labour market, albeit with different mechanisms for men and women." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Does a job guarantee pay off? The fiscal costs of fighting long-term unemployment in Austria* (2021)

    Theurl, Simon; Tamesberger, Dennis;

    Zitatform

    Theurl, Simon & Dennis Tamesberger (2021): Does a job guarantee pay off? The fiscal costs of fighting long-term unemployment in Austria*. In: European Journal of Economics and Economic Policies, Jg. 18, H. 3, S. 364-378. DOI:10.4337/ejeep.2021.0077

    Abstract

    "The idea of a job guarantee (JG) to tackle unemployment has become popular again over recent years. Critics often point to the fiscal costs and the macroeconomic impact of a government financing full employment. In this paper, we analyse the fiscal costs of a JG for long-term unemployed people over the age of 45 in Austria. We show that a JG pays off in the long run. Even if the amount of jobs to be provided increases in times of a recession, or if a government starts with a certain amount of jobs and increases it afterwards, the JG would pay for itself." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Operationalization of Employment Protection Legislation and Implications for Substantive Results: Example of Perceived Job Insecurity and Temporary Employment Risk (2020)

    Balz, Anne; Pforr, Klaus ;

    Zitatform

    Balz, Anne & Klaus Pforr (2020): Operationalization of Employment Protection Legislation and Implications for Substantive Results. Example of Perceived Job Insecurity and Temporary Employment Risk. (GESIS papers 2020,19), Mannheim, 39 S. DOI:10.21241/ssoar.70793

    Abstract

    "Almost all comparative research on the effects of employment protection legislation of regular employees (EPLR) is based on the index of the OECD. This study argues that this index is methodologically flawed and proposes a new EPLR index, following a theory-driven formative index construction approach. To demonstrate the implications using the OECD EPLR index versus the new index, we use two empirical applications: First, the effects of EPLR on perceived job insecurity, using multi-level models with data from the European Social Survey, the European Working Condition Survey, and the European Quality of Life Survey. Secondly the temporary employment risk for new hires, using multi-level models with data from the European Labour Force Survey. Whereas the results based on the OECD EPLR index significantly deviate from the hypotheses in the literature, the results using the new EPLR index is compliant with the hypotheses in the literature. This demonstrates higher criterion validity of the theory-driven new EPLR index and also calls for replications of previous research that is based on the index of the OECD." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    The effects of foreign direct investment on job stability: Upgrades, downgrades, and separations (2020)

    Borrs, Linda; Eppelsheimer, Johann;

    Zitatform

    Borrs, Linda & Johann Eppelsheimer (2020): The effects of foreign direct investment on job stability: Upgrades, downgrades, and separations. (IAB-Discussion Paper 24/2020), Nürnberg, 49 S.

    Abstract

    "Wir untersuchen die Auswirkungen von ausländischen Direktinvestitionen (FDI) auf die Beschäftigungstabilität von Arbeitnehmerinnen und Arbeitnehmern mittels Sozialversicherungsdaten. Erstmalig berücksichtigen wir hierbei unternehmensinterne Jobwechsel und untersuchen die Effekte von FDI auf die individuelle Wahrscheinlichkeit von Up- oder Downgrades hin zu Berufen mit mehr oder weniger analytischen und interaktiven Tätigkeiten. Zu diesem Zweck entwickeln wir ein iteratives Matching-Verfahren, welches einen homogenen Datensatz von Firmen mit gleichen Investitionswahrscheinlichkeiten erzeugt und berechnen dynamische Effekte mit Proportional Harzardmodellen. Unsere Ergebnisse zeigen, dass FDI die Wahrscheinlichkeit von Up- und Downgrades um 25 bzw. 37 Prozent erhöht. Diese Effekte nehmen mit dem Anteil an nicht-routine und interaktiven Tätigkeiten zu und werden zwei Jahre nach der Investition messbar. FDI erhöht nicht die Wahrscheinlichkeit von Trennungen von Beschäftigten und Unternehmen. Stattdessen führt FDI zu einem temporären Lock-in-Effekt. Unsere Befunde belegen die Bedeutung von firmeninternen Umstrukturierungen als Reaktion auf eine veränderte Arbeitsnachfrage durch FDI." (Autorenreferat, IAB-Doku)

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  • Literaturhinweis

    The evolution of generalised and acute job tenure insecurity (2020)

    Choonara, Joseph ;

    Zitatform

    Choonara, Joseph (2020): The evolution of generalised and acute job tenure insecurity. In: Work, employment and society, Jg. 34, H. 4, S. 713-725. DOI:10.1177/0950017019855236

    Abstract

    "An earlier article by Gallie, Felstead, Green and Inanc demonstrates that employee insecurity can be divided into job tenure insecurity (anxieties about the continuity of employment) and job status insecurity (anxieties about the loss of valued features of the job). Here it is argued that job tenure insecurity can be further divided into acute and generalised variants. The former tracks the level of involuntary redundancies in the UK data and is grounded in a realistic assessment of the likelihood of involuntary job loss. The latter is driven by a range of factors, including the economic cycle and the intensification of work that is also associated with rising job status insecurity, and the permeation of insecurity through new sections of the workforce. Its greatest extent was in the mid-1990s and it rose again in the years following the 2008/2009 recession." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Changing Stability in U.S. Employment Relationships: A Tale of Two Tails (2020)

    Molloy, Raven ; Smith, Christopher; Wozniak, Abigail K.;

    Zitatform

    Molloy, Raven, Christopher Smith & Abigail K. Wozniak (2020): Changing Stability in U.S. Employment Relationships. A Tale of Two Tails. (NBER working paper 26694), Cambridge, Mass., 52 S. DOI:10.3386/w26694

    Abstract

    "We confront two seemingly-contradictory observations about the US labor market: the rate at which workers change employers has declined since the 1980s, yet there is a commonly expressed view that long-term employment relationships are more difficult to attain. We reconcile these observations by examining how the distribution of employment tenure has changed in aggregate and for various demographic groups. We show that the fraction of workers with short tenure (less than a year) has been falling since the 1980s, consistent with the decline in job changing. Meanwhile, the fraction of workers with long tenure (20 years or more) has been rising modestly owing to an increase in long tenure for women and the ageing of the population. Long tenure has declined markedly among older men; this trend may have spurred popular perceptions that long-term employment is less common than in the past. The decline in long-tenure for men appears due to an increase in mid-career separations that reduce the likelihood of reaching long-tenure, rather than an increase in late-career separations. Nevertheless, survey evidence indicates that these changes in employment relationships are not associated with heightened concerns about job insecurity or decreases in job satisfaction as reported by workers. The decline in short-tenure is widespread, associated with fewer workers cycling among briefly-held jobs, and coincides with an increase in perceived job security among short tenure workers." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Balancing flexibility and security in Europe? The impact of unemployment on young peoples' subjective well-being (2020)

    Russell, Helen; Leschke, Janine; Smith, Mark;

    Zitatform

    Russell, Helen, Janine Leschke & Mark Smith (2020): Balancing flexibility and security in Europe? The impact of unemployment on young peoples' subjective well-being. In: European journal of industrial relations, Jg. 26, H. 3, S. 243-261. DOI:10.1177/0959680119840570

    Abstract

    "We examine the relationship between 'flexicurity' systems, unemployment and well-being outcomes for young people in Europe. A key tenet of the flexicurity approach is that greater flexibility of labour supply supports transitions into employment, trading longer-term employment stability for short-term job instability. However, there is a risk that young people experience greater job insecurity, both objective and subjective, with less stable contracts and more frequent unemployment spells. Our research draws on data from the European Social Survey and uses multi-level models to explore whether and how flexibility-security arrangements moderate the effect of past and present unemployment on the well-being of young people. We distinguish between flexibility-security institutions that foster improved job prospects and those that provide financial security." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Dualization and subjective employment insecurity : explaining the subjective employment insecurity divide between permanent and temporary workers across 23 European countries (2019)

    Chung, Heejung ;

    Zitatform

    Chung, Heejung (2019): Dualization and subjective employment insecurity : explaining the subjective employment insecurity divide between permanent and temporary workers across 23 European countries. In: Economic and Industrial Democracy, Jg. 40, H. 3, S. 700-729. DOI:10.1177/0143831X16656411

    Abstract

    "Dualization theory posits that certain institutions cause dualization in the labour market, yet how institutions deepen the subjective insecurity divide between insiders and outsiders has not been examined. This article examines this question using data from 23 European countries in 2008/2009. Results show that the subjective employment insecurity divide between permanent and temporary workers varies significantly across different countries. Corporatist countries, with stronger unions, have larger subjective insecurity divides between permanent and temporary workers. However, this is because permanent workers feel more secure in these countries rather than because temporary workers are more exposed to feelings of insecurity." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Automation, job characteristics and job insecurity (2019)

    Coupe, Tom;

    Zitatform

    Coupe, Tom (2019): Automation, job characteristics and job insecurity. In: International Journal of Manpower, Jg. 40, H. 7, S. 1288-1304. DOI:10.1108/IJM-12-2018-0418

    Abstract

    "Purpose
    The purpose of this paper is to analyze whether specific jobs characteristics, which experts have identified as being more automation proof, are associated with reduced job insecurity.
    Design/methodology/approach
    Data come from a recent survey providing information on sources of job insecurity as well as on detailed job characteristics. The analysis is based on various regression models.
    Findings
    People who have jobs that involve lots of personal interaction are less likely to be concerned about losing their job because of automation, or because of other reasons, and are more likely to think their job will exist 50 years from now. Having a creative job does not change these concerns. The share of respondents who fear losing their job to automation is fairly small, and those who do, typically fear other sources of job insecurity as much or even more.
    Practical implications
    Developing interpersonal skills is more likely to be an effective strategy for reducing job insecurity than developing creative skills. The findings further suggest that policies aimed at automation are unlikely to suffice for the elimination of worry over job loss, as many workers who fear automation at the same time feel there are other reasons that might lead to the loss of their job.
    Originality/value
    There are very few studies that link fear of losing one's job to automation to a job's characteristics. The survey used here is unique in the level of detail provided on job characteristics." (Author's abstract, © Emerald Group) ((en))

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  • Literaturhinweis

    Arbeitskräftefluktuation im Verarbeitenden Gewerbe: In exportierenden Betrieben ist die Beschäftigung stabiler (2019)

    Hauptmann, Andreas; Sirries, Steffen; Stepanok, Ignat ;

    Zitatform

    Hauptmann, Andreas, Steffen Sirries & Ignat Stepanok (2019): Arbeitskräftefluktuation im Verarbeitenden Gewerbe: In exportierenden Betrieben ist die Beschäftigung stabiler. (IAB-Kurzbericht 04/2019), Nürnberg, 8 S.

    Abstract

    "Deutschland gehört zu den bedeutendsten Handelsnationen der Welt. Für die deutsche Wirtschaft bieten der internationale Handel und insbesondere der Export von Produkten zahlreiche Chancen. Teilweise wird jedoch befürchtet, dass internationale Aktivitäten von Unternehmen mit Risiken für die Beschäftigungsstabilität einhergehen. Die Autoren untersuchen deshalb die betriebliche Arbeitskräftefluktuation im Verarbeitenden Gewerbe, einer Branche, die sich in Deutschland durch einen hohen Exportanteil auszeichnet: Etwa jeder dritte Betrieb dieser Branche erwirtschaftet einen Teil seines Umsatzes im Ausland. Diese Betriebe beschäftigen fast drei Viertel der Arbeitnehmer im Verarbeitenden Gewerbe. Es zeigt sich, dass die Fluktuationsrate der Belegschaft in exportierenden Betrieben niedriger ist und die Beschäftigung stabiler als in Betrieben, die ausschließlich für den inländischen Markt produzieren. Dieser Befund ist in großen exportierenden Betrieben besonders ausgeprägt." (Autorenreferat, IAB-Doku)

    Beteiligte aus dem IAB

    Hauptmann, Andreas; Stepanok, Ignat ;
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  • Literaturhinweis

    The impact of declining youth employment stability on future wages (2019)

    Umkehrer, Matthias;

    Zitatform

    Umkehrer, Matthias (2019): The impact of declining youth employment stability on future wages. In: Empirical economics, Jg. 56, H. 2, S. 619-650., 2017-11-08. DOI:10.1007/s00181-018-1444-5

    Abstract

    "Has the early career become less stable during the 1980s and 1990s? And does a lack of early-career employment stability inhibit wage growth? I analyze exceptionally rich administrative data on male graduates from Germany's dual education system to shed more light on these important questions. The data indicate a decline in youth employment durations since the late 1970s, limited to already relatively short durations. Controlling for endogeneity of employment in youth with training firm fixed effects and by exploiting institutional variation in the timing of nationwide macroeconomic shocks, I find significant returns to early-career employment stability in terms of higher wages in adulthood. These returns decline not only across the wage distribution, but also with cohort age. The findings suggest less stable employment in the early years of a career to have become increasingly costly during the 1990s for the least advantaged workers." (Author's abstract, © Springer-Verlag) ((en))

    Beteiligte aus dem IAB

    Umkehrer, Matthias;
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  • Literaturhinweis

    Human capital and unemployment dynamics: why more educated workers enjoy greater employment stability (2018)

    Cairó, Isabel; Cajner, Tomaz;

    Zitatform

    Cairó, Isabel & Tomaz Cajner (2018): Human capital and unemployment dynamics. Why more educated workers enjoy greater employment stability. In: The economic journal, Jg. 128, H. 609, S. 652-682. DOI:10.1111/ecoj.12441

    Abstract

    "Why do more educated workers experience lower unemployment rates and lower employment volatility? Empirically, these workers have similar job finding rates but much lower and less volatile separation rates than their less educated peers. We argue that on-the-job training, being complementary to formal education, is the reason for this pattern. Using a search and matching model with endogenous separations, we show that investments in match-specific human capital reduce incentives to separate but leave the job finding rate essentially unaffected. The model generates unemployment dynamics quantitatively consistent with the data. Finally, we provide novel empirical evidence supporting the mechanism studied in the article." (Author's abstract, Published by arrangement with John Wiley & Sons) ((en))

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  • Literaturhinweis

    Labour market effects of job displacement for prime-age and older workers (2018)

    Deelen, Anja ; Graaf-Zijl, Marloes de; Berge, Wiljan van den;

    Zitatform

    Deelen, Anja, Marloes de Graaf-Zijl & Wiljan van den Berge (2018): Labour market effects of job displacement for prime-age and older workers. In: IZA journal of labor economics, Jg. 7, S. 1-30. DOI:10.1186/s40172-018-0063-x

    Abstract

    "This paper studies the effects of firm closures associated with bankruptcies on the employment status and wages of prime-age and older workers using Dutch administrative data for the period 2000 - 2011. Applying difference-in-differences techniques and non-parametric matching, we find adverse effects on the probability to be in work and on wages earned in the new job, which are larger for older workers than for prime-age workers. Within the older-age group, the effects are stronger for formerly long-tenured workers, for older workers who lost their job in declining sectors in the regional labour market and for workers who changed sectors. In the prime-age group, these differences are less pronounced. Our results suggest that job- and sector-specific factors are important for understanding the more vulnerable position of older workers after job loss." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Das Aussetzen von Beschäftigungsverhältnissen als betriebliche Strategie zum Ausgleich von Schwankungen des Personalbedarfs: ein Update (2018)

    Eppel, Rainer ; Horvath, Thomas ; Mahringer, Helmut;

    Zitatform

    Eppel, Rainer, Thomas Horvath & Helmut Mahringer (2018): Das Aussetzen von Beschäftigungsverhältnissen als betriebliche Strategie zum Ausgleich von Schwankungen des Personalbedarfs. Ein Update. In: Österreichisches Institut für Wirtschaftsforschung. Monatsberichte, Jg. 91, H. 11, S. 799-810.

    Abstract

    "Um kurzfristige, saison- und nicht saisonbedingte Schwankungen des Arbeitskräftebedarfs auszugleichen, beenden viele Betriebe in Zeiten geringerer Auslastung Beschäftigungsverhältnisse und stellen anschließend bei verbesserter Auftragslage dieselben Arbeitskräfte wieder ein ('temporärer Layoff'). Sie wälzen damit Personalkosten auf die Arbeitslosenversicherung ab, da viele betroffene Arbeitskräfte während der Beschäftigungsunterbrechung arbeitslos vorgemerkt sind und Leistungen aus der Arbeitslosenversicherung beziehen. Diese personalpolitische Flexibilisierungsstrategie wurde bisher kaum thematisiert, spielt jedoch in Österreich seit Jahrzehnten eine bedeutende Rolle. Im Jahr 2017 waren 13,7% aller Beschäftigungsaufnahmen Wiedereinstellungen von temporär Arbeitslosen bei demselben Arbeitgeber innerhalb einer Zeitspanne von einem Jahr. Die registrierte Arbeitslosigkeit während temporärer Layoffs trug mehr als ein Achtel zur registrierten Gesamtarbeitslosigkeit bei. Sie war damit für rund 1 Prozentpunkt der Arbeitslosenquote maßgebend. Die Aussetzung von Beschäftigungsverhältnissen ist mit Kosten für die Arbeitslosenversicherung in einer Größenordnung von rund 500 Mio. EURO pro Jahr verbunden." (Autorenreferat, © WIFO - Österreichisches Institut für Wirtschaftsforschung)

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  • Literaturhinweis

    Sports Psychology in the English Premier League: 'It Feels Precarious and is Precarious' (2018)

    Gilmore, Sarah; Smith, John; Wagstaff, Christopher;

    Zitatform

    Gilmore, Sarah, Christopher Wagstaff & John Smith (2018): Sports Psychology in the English Premier League: 'It Feels Precarious and is Precarious'. In: Work, employment and society, Jg. 32, H. 2, S. 426-435. DOI:10.1177/0950017017713933

    Abstract

    "The literatures on gender status stereotyping and the 'glass-ceiling' have shown that women managers have more difficult job experiences than men, but whether these experiences result in lower job satisfaction is still an open question. Using fixed-effects models in a longitudinal national sample, this study examines differences in job satisfaction between women and men promoted into lower and higher-level management, after controlling for key determinants of job satisfaction. Results indicate that promotions to management are accompanied by an increase in job satisfaction for men but not for women, and that the differing effect lasts beyond the promotion year. Moreover, following promotion, the job satisfaction of women promoted to higher-level management even starts declining. The type of promotion (internal or lateral) does not modify this effect. By clarifying the relationship between gender, promotion to managerial position and job satisfaction, the study contributes to the literature on the gender gap in managerial representation." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Product innovation and employment growth at the firm level: a quantile regression approach to inter-industry differences (2018)

    Herstad, Sverre J.;

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    Herstad, Sverre J. (2018): Product innovation and employment growth at the firm level. A quantile regression approach to inter-industry differences. In: Applied Economics Letters, Jg. 25, H. 15, S. 1062-1065. DOI:10.1080/13504851.2017.1394970

    Abstract

    "This article demonstrates that the relationship between product innovativeness and employment growth at the firm level depends on (i) market responses to innovations with different degrees of novelty, (ii) the location of firms on the growth distribution and (iii) industry conditions. As a result, research that uses standard regression techniques such as OLS and does not account for innovation characteristics and industry differences fail to properly describe this relationship." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    An empirical analysis of the relationship between employee ownership and employment stability in the US: 1999-2011 (2018)

    Kurtulus, Fidan Ana; Kruse, Douglas ;

    Zitatform

    Kurtulus, Fidan Ana & Douglas Kruse (2018): An empirical analysis of the relationship between employee ownership and employment stability in the US. 1999-2011. In: BJIR, Jg. 56, H. 2, S. 245-291. DOI:10.1111/bjir.12254

    Abstract

    "Do firms with employee ownership (EO) programs exhibit greater employment stability in the face of economic downturns? In particular, are firms with EO programs less likely to lay off workers during negative shocks? In this article, we examine the relationship between EO programs and employment stability in the United States using longitudinal Form 5500-CompuStat matched data on the universe of publicly traded companies during 1999 - 2011. We examine how firms with EO programs weathered the recessions of 2001 and 2008 in terms of employment stability relative to firms without EO programs, and also whether such firms were less likely to lay off workers when faced with negative shocks more broadly. In our econometric analyses, we use a rich array of measures of EO at firms, including the presence of EO stock in pension plans, the presence of employee stock ownership plans (ESOPs), the value of EO stock per employee, the share of the firm owned by employees, the share of workers at the firm participating in EO and the share of workers at the firm participating in ESOPs. We also consider both economy-wide negative shock measures (increases in the unemployment rate, declines in the employment-to-population ratio) and firm-specific negative shock measures (declines in firm sales, declines in firm stock price). Our results indicate that EO firms exhibit greater employment stability in the face of economy-wide and firm-specific negative shocks." (Author's abstract, Published by arrangement with John Wiley & Sons) ((en))

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  • Literaturhinweis

    Loss of skill and labor market fluctuations (2018)

    Lalé, Etienne ;

    Zitatform

    Lalé, Etienne (2018): Loss of skill and labor market fluctuations. In: Labour economics, Jg. 50, H. March, S. 20-31. DOI:10.1016/j.labeco.2017.03.004

    Abstract

    "In this paper, we examine how skill loss can contribute to aggregate labor market fluctuations in the Diamond-Mortensen-Pissarides model. We develop a computationally tractable stochastic version of that model wherein workers accumulate skills on the job and face a risk of skill loss after job destruction. We find that skill heterogeneity dampens the fluctuations of labor market variables, and that introducing skill loss offsets this effect and generates additional amplification. The main forces driving this result are pro-cyclical increases in the probability of skill loss during unemployment: these provide incentives to post proportionally more vacancies during upturns by raising the surplus from employing high-skill workers. Compositional changes in the unemployment pool, on the other hand, play a negligible role for empirically plausible rates of skill depreciation, which imply a relatively slow process compared to the duration of unemployment spells." (Author's abstract, © 2017 Elsevier) ((en))

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