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Job Creation (job + creation)
Selected AbstractsECONOMIC TRENDS: South Africa: Challenge of Job CreationAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 7 2010Article first published online: 1 SEP 2010 No abstract is available for this article. [source] Job Creation, Job Destruction and the Role of Small Firms: Firm-Level Evidence for the UK,OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 5 2010Alexander Hijzen Abstract Evidence on job creation and destruction for the United Kingdom is limited, dated, and refers almost entirely to the manufacturing sector. We use firm-level data from 1997 to 2008 for almost all sectors, including services, and show that firms in the service sector exhibit much higher rates of job creation, but almost exactly the same rates of job destruction as those in manufacturing. ,Small' firms account for a disproportionately large fraction of job creation and destruction relative to their share of employment. Jobs created by small firms are no less likely to persist than those created by large firms. [source] Falling Labor Share and Rising Unemployment: Long,Run Consequences of Institutional Shocks?GERMAN ECONOMIC REVIEW, Issue 4 2002Norbert Berthold The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is largely neglected. Job creation is often thought to be a matter of encouraging more employment on a given capital stock. In contrast, this paper explicitly deals with the long,run consequences of institutional shocks on capital formation and employment. It is shown that the usual tradeoff between employment and wages disappears in the long run. In line with an appropriation model, the estimated values for the long,run elasticities of substitution between capital and labor for Germany and France are substantially greater than one. [source] An Equilibrium Theory of Learning, Search, and WagesECONOMETRICA, Issue 2 2010Francisco M. Gonzalez We examine the labor market effects of incomplete information about the workers' own job-finding process. Search outcomes convey valuable information, and learning from search generates endogenous heterogeneity in workers' beliefs about their job-finding probability. We characterize this process and analyze its interactions with job creation and wage determination. Our theory sheds new light on how unemployment can affect workers' labor market outcomes and wage determination, providing a rational explanation for discouragement as the consequence of negative search outcomes. In particular, longer unemployment durations are likely to be followed by lower reemployment wages because a worker's beliefs about his job-finding process deteriorate with unemployment duration. Moreover, our analysis provides a set of useful results on dynamic programming with optimal learning. [source] The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?ECONOMETRICA, Issue 5 2009Christopher A. Pissarides I discuss the failure of the canonical search and matching model to match the cyclical volatility in the job finding rate. I show that job creation in the model is influenced by wages in new matches. I summarize microeconometric evidence and find that wages in new matches are volatile and consistent with the model's key predictions. Therefore, explanations of the unemployment volatility puzzle have to preserve the cyclical volatility of wages. I discuss a modification of the model, based on fixed matching costs, that can increase cyclical unemployment volatility and is consistent with wage flexibility in new matches. [source] The Economic Outlook for LondonECONOMIC OUTLOOK, Issue 2 2005Article first published online: 4 MAY 200 This article reviews how the London economy has fared over the past six months and prospects for the next few years. For the first time, it includes estimates and forecasts of GVA growth in each of the Central London boroughs. It concludes that there appears to have been something of a slowdown in the London economy recently, and the outlook is for slightly softer growth than at the time of the last ,London Outlook'. But, nonetheless, job creation is expected to remain healthy - and above that for the UK as whole. Central London is expected to grow faster than the rest of London, as it benefits from the renewed expansion of financial and business service employment. [source] A Competitive European Agriculture Designed for the Citizens , Romania's Perspective Une agriculture européenne compétitive au service des citoyens : La perspective de la Roumanie Eine an die Bedürfnisse der Bürger angepasste, wettbewerbsfähige Europäische Landwirtschaft , die Perspektive RumäniensEUROCHOICES, Issue 3 2008Dacian Ciolo Summary A Competitive European Agriculture Designed for the Citizens , Romania's Perspective In the coming months and years the European Union has to make fundamental choices for the future of agriculture, food, landscape and quality of life within its whole territory. These choices have now to be made for 27 Member States, which together give a new configuration to the Community. Poland and Romania together now represent nearly half of the total active population involved in EU agriculture. European agriculture has to be multifunctional, competitive not only for the market but also for citizens, as an economic activity that uses and manages renewable resources of public interest. Higher competitiveness inevitably leads to restructuring and modernisation of the agro-food sector in the New Member States. This must be achieved gradually to avoid a negative social impact, through a rural development policy supporting job creation outside agriculture. Romanian agriculture employs about 30 per cent of the country's active population and half of the country's population live in rural areas. Romania, therefore, aims to preserve a substantial CAP budget to promote investment in agriculture and quality of life in rural areas. It is in the interest of the whole EU to ensure not just proper use of the productive potential of Romanian agriculture but also economic development of the Romanian countryside. Au cours des prochains mois et des prochaines années, l'Union européenne doit faire des choix fondamentaux quant à l'avenir de l'agriculture, de l'alimentation et de la qualité de vie sur l'ensemble de son territoire. Ces choix relèvent actuellement de 27 état membres qui, ensemble, donnent à la communauté une nouvelle configuration. Actuellement, la Pologne et la Roumanie représentent à elles deux pratiquement la moitié de la population agricole de l'Union européenne. L'agriculture européenne doit être multifonctionnelle et compétitive, pas seulement pour les marchés mais aussi pour les citoyens, en tant qu'activitééconomique qui utilise et gère des ressources renouvelables d'intérêt public. La hausse de la compétitivité entraînera inévitablement une restructuration et une modernisation du secteur agro-alimentaire dans les nouveaux états membres. Ce processus doit être progressif pour éviter des conséquences sociales négatives, et il doit s'accompagner d'une politique de développement rural pour promouvoir la création d'emplois hors du secteur agricole. L'agriculture roumaine emploie environ 30 pour cent de la population active nationale et la moitié de la population du pays vit dans des zones rurales. La Roumanie compte donc utiliser une grande partie du budget de la PAC pour la promotion des investissements dans le secteur agricole et l'amélioration de la qualité de vie dans les zones rurales. Il est dans l'intérêt de l'ensemble de l'Union européenne de s'assurer non seulement que le potentiel productif agricole de la Roumanie est correctement utilisé mais également que la campagne roumaine se développe économiquement. In den kommenden Monaten und Jahren wird die Europäische Union grundlegende Entscheidungen im Hinblick auf Landwirtschaft, Lebensmittel, Landschaftsbild und Lebensqualität zu treffen haben, die sich auf ihr gesamtes Gebiet auswirken werden. Diese Entscheidungen betreffen nun alle 27 Mitgliedsstaaten, die der Gemeinschaft ein neues Gesicht verleihen. Mittlerweile stellen Polen und Rumänien zusammen etwa die Hälfte der aktiv in der Landwirtschaft der EU beschäftigten Bevölkerung. Die europäische Landwirtschaft muss multifunktional und nicht nur mit Blick auf den Markt wettbewerbsfähig sein, sondern auch mit Blick auf ihre Bürger, als ein Wirtschaftszweig, der erneuerbare Ressourcen verwendet und verwaltet, für die ein öffentliches Interesse besteht. Eine höhere Wettbewerbsfähigkeit führt unweigerlich zur Umstrukturierung und Modernisierung des Agro-Food-Sektors in den neuen Mitgliedsstaaten. Zur Vermeidung negativer Auswirkungen auf die Gesellschaft muss dies schrittweise durch eine Politik zur Entwicklung des ländlichen Raums erfolgen, die Arbeitsplätze außerhalb der Landwirtschaft fördert. In Rumänien sind 30 Prozent der Erwerbstätigen in der Landwirtschaft tätig, und die Hälfte der Bevölkerung lebt im ländlichen Raum. Daher ist Rumänien daran gelegen, weiterhin einen hinreichend großen Haushalt für die GAP zu erhalten, um Investitionen in die Landwirtschaft und die Lebensqualität im ländlichen Raum zu fördern. Es ist im Interesse aller EU-Länder, nicht nur die Ausschöpfung des produktiven Potenzials der rumänischen Landwirtschaft, sondern ebenfalls die wirtschaftliche Entwicklung des ländlichen Raums in Rumänien sicherzustellen. [source] Calling capital: call centre strategies in New Brunswick and New ZealandGLOBAL NETWORKS, Issue 2 2002Wendy Larner This article compares government promoted call centre initiatives in New Zealand and New Brunswick, Canada, thereby identifying differing policies and practices associated with ,globalization'. Both New Brunswick and New Zealand are small resource based economies in which policy makers aspire to attract foreign investment into call centres as a new means of economic growth and job creation. However there are significant differences between the two call centre strategies. In New Brunswick the provincial government plays a central role, most notably through the use of incentives to lure companies to the province but also through the coordination of education and training. In New Zealand an informal network made up of public and private sector actors drives the strategy, and the relevant government agency (Trade NZ) plays only a coordinating role. Despite these differences both call centre strategies aspire to link service sector activities into global flows and networks, and foster low wage and feminized forms of employment. [source] The EU and the Welfare State are Compatible: Finnish Social Democrats and European IntegrationGOVERNMENT AND OPPOSITION, Issue 2 2010Tapio Raunio This article examines how the Finnish Social Democratic Party has adapted to European integration. The analysis illustrates that the Social Democrats have successfully argued to their electorate that the objectives of integration are compatible with core social democratic values. Considering that Finland was hit by a severe recession in the early 1990s, discourse about economic integration and monetary stability facilitating the economic growth that is essential for job creation and the survival of domestic welfare state policies sounded appealing to SDP voters. Determined party leadership, support from trade unions and the lack of a credible threat from the other leftist parties have also contributed to the relatively smooth adaptation to Europe. However, recent internal debates about the direction of party ideology and poor electoral performances , notably in the European Parliament elections , indicate that not all sections within the party are in favour of the current ideological choices. [source] A Model of Community,Based Venture Capital Formation To Fund Early,Stage Technology,Based FirmsJOURNAL OF SMALL BUSINESS MANAGEMENT, Issue 4 2002Howard Van Auken This paper suggests a model of capital formation that concurrently establishes a mechanism to fund early,stage technology,based firms and meets the economic development needs of rural communities. Investors in a community capital investment fund can gain high rates of return on investment while firms realize all of the benefits associated with the investment, community support, and expanded network. The model includes factors associated with the community environment (community,based factors that impact community members' participation) and external support environment (factors that facilitate the accumulation of investment capital within a community). The result of a community effort can be an environment in which members of the community contribute to an investment fund, cooperate in attracting firms, and provide networking assistance to new business owners. Communities benefit through job creation and economic stability. Community members benefit through wealth creation. [source] Has the Tradeoff Between Productivity Gains and Job Growth Disappeared?KYKLOS INTERNATIONAL REVIEW OF SOCIAL SCIENCES, Issue 1 2005Paul Cavelaars SUMMARY ,Policymakers' efforts to boost trend output growth may be hampered by the presence of a trade-off between productivity gains and job creation. This paper presents empirical evidence that the negative relationship between productivity growth and employment growth that prevailed in the 1960s and 1970s has disappeared since then. This finding is robust to using alternative measures and including other explanatory variables. The improved trade-off may be good news for policymakers who aim at raising the ,speed limit' of the economy. ZUSAMMENFASSUNG Die Bemühungen der politischen Entscheidungsträger, das Produktionswachstum nachhaltig anzu-kurbeln, können durch einen Trade-Off zwischen Produktivitätssteigerung und Schaffung von Arbeitsplätzen behindert werden. Der vorliegende Artikel erbringt empirische Belege dafür, dass heute das negative Verhältnis zwischen Produktivitätssteigerung und Zunahme der Beschäftigung, wie man es in den 1960er und 70er Jahren beobachtete, nicht mehr besteht. Dieses Ergebnis hält auch alter-nativen Messmethoden und der Berücksichtigung anderer erklärender Variablen stand und könnte eine gute Nachricht für die Politiker sein, die bestrebt sind, die ,Höchstgeschwindigkeit' für das Wirtschaftswachstum anzuheben. [source] Unemployment and Employment Protection in a Unionized Economy with Search FrictionsLABOUR, Issue 2 2008Nikolai Stähler Higher employment protection reduces job creation as well as job destruction. However, in most models, wages are bargained individually between workers and firms. Using a conventional matching model in which a monopoly union sets wages, I show that employment protection can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and dismissals may even increase the probability of dismissal. [source] Financing Unemployment Benefits: Dismissal versus Employment TaxesLABOUR, Issue 3 2006Florian Baumann We compare dismissal and employment taxes in a model with search frictions. Employment taxes give rise to externalities because firms do not take into account the effects their dismissal decisions have on others. These externalities can be tackled by using dismissal taxes to finance unemployment insurance. Taking into account the budget for unemployment insurance, employment taxes can be reduced by more than is necessary to offset the adverse effect of dismissal taxes on the value of the firm. The introduction of dismissal taxes leads to higher job creation and lower unemployment. [source] Employment Policy, the Crowding-out Effect and Imperfect CompetitionLABOUR, Issue 4 2001Juin-jen Chang This paper presents a macroeconomic model with imperfect competition in the commodity market, and uses it to address how the commodity market's structure is related to the efficacy of government employment policies. It is found that job creation in the public sector may lead to a decrease in output and an increase in prices. In particular, these adverse side-effects will be alleviated when competition in the goods market is less perfect. We also find that public-sector job creation definitely has a positive effect on total employment, though it may crowd out private-sector employment. [source] Job Creation, Job Destruction and the Role of Small Firms: Firm-Level Evidence for the UK,OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 5 2010Alexander Hijzen Abstract Evidence on job creation and destruction for the United Kingdom is limited, dated, and refers almost entirely to the manufacturing sector. We use firm-level data from 1997 to 2008 for almost all sectors, including services, and show that firms in the service sector exhibit much higher rates of job creation, but almost exactly the same rates of job destruction as those in manufacturing. ,Small' firms account for a disproportionately large fraction of job creation and destruction relative to their share of employment. Jobs created by small firms are no less likely to persist than those created by large firms. [source] When Less is More: Distinguishing Between Entrepreneurial Choice and PerformanceOXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 5 2000Andrew E. Burke This paper uses NCDS data on individual characteristics to distinguish determinants of entrepreneurial choice, income and job generation. A new model of utility from self-employment shows that relaxing liquidity constraints could inhibit performance. Empirically, we find that a range of inheritance enhances the performance of the self-employed and increases self-employment; while higher education also increases self-employment income and job creation, but reduces the probability of self-employment. Combining these choice and performance effects, we find that education has a positive net effect on job creation, as does inheritance up to a certain threshold. [source] Economic transition and elections in Poland1THE ECONOMICS OF TRANSITION, Issue 1 2003John E. Jackson Abstract Poland's economic and political transition, one of the most successful, has depended very heavily on job creation in new firms to replace the jobs lost in the formerly state-owned enterprises. This paper uses survey and aggregate data from three Polish elections to suggest that these de novo firms, the individuals they employ, and the residents in the local areas where they exist become an important constituency supporting pro-reform political parties and constraining the actions of parties less sympathetic to the reforms. The creation of this political constituency helps explain how countries can successfully pursue both economic and political reforms. JEL classification: D72, P26. [source] THE EFFECTS OF TAXES ON LABOUR IN A DYNAMIC EFFICIENCY WAGE MODEL,THE JAPANESE ECONOMIC REVIEW, Issue 3 2004JOÃO RICARDO FARIA This paper studies the impact of wage and employment taxes in an intertemporal efficiency wage model. Cases with fixed, linear and quadratic adjustment costs associated with job creation are considered. In general, the model shows that an increase in the employment tax leads to an increase in unemployment, reducing job creation, and has ambiguous effect on wages; whereas an increase in the wage tax reduces wages and has ambiguous impact on unemployment and job creation. [source] Import Competition and Employment in Japan: Plant Startup, Shutdown and Product ChangesTHE JAPANESE ECONOMIC REVIEW, Issue 2 2004Eiichi Tomiura This paper examines the relationship between import competition and employment during and after the recent Bubble period in Japan. Gross job flow data are combined with import data for 334 four-digit manufacturing industries. The estimates demonstrate that various modes of employment adjustment respond differently to changes in import prices. Job creation/destruction associated with plant startups/shutdowns was significantly sens-itive to import competition. Among plants continuously operating, job creation during the Bubble boom by plants that altered their product mix across industries was responsive to import price fluctuations, while job flows at plants that remained within the same industries were not. [source] Perspective: Economic Conditions, Entrepreneurship, First-Product Development, and New Venture Success,THE JOURNAL OF PRODUCT INNOVATION MANAGEMENT, Issue 1 2010Lisa Z. Song Entrepreneurial ventures have a significant impact on new job creation and economic growth, but existing evidence indicates that most entrepreneurial ventures fail. This paper reports key insights from VENSURV, a new database that tracks the success and failure of ventures founded since 1998. Based on an analysis of 539 new ventures founded during the years 1991,2001, the following conclusions are reached. First, consistent with prior research, less than half of the 539 ventures survived more than two years. Second, economic downturns lead to higher failure rates for new ventures. Third, new venture success is highly correlated with first-product success. Fourth, first-product success is enhanced when those products are introduced into markets with emerging market needs but with established industry standards. Finally, first-product and venture performance are significantly higher for products based on ideas that came from the founders. In addition, the most successful first products are based on ideas that reflect both technology development and an analysis of customer needs. [source] Proximity Services in Belgium: An Analysis of Public and Nonprofit RelationsANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 1 2001Francesca Petrella In this paper, we analyze the interaction between nonprofit organizations (NPOs) and government with regard to the provision of proximity services. Given the characteristics of these services and the organizational features specific to each sector, we argue that the relationship between the public and the nonprofit sectors is necessary but rather complex. We illustrate our analysis with some empirical evidence collected by the CERISIS-UCL in 1996 for the city of Charleroi (Belgium). This survey shows that NPOs are the major producers of proximity services but are, on average, largely subsidized by government. Public intervention is also significant in the production of these services but is the most striking in their financing. These results evoke the existence of a multifaceted interaction between the public and nonprofit sectors, that we try to understand in this paper. Our analysis highlights that the tension between the current focus of public policies on job creation for the low-skilled unemployed and the service-based mission of most NPOs might generate inappropriate responses to the needs of the community. It also suggests that this conflict of objectives, given the current organization of proximity services, is likely to threaten the autonomy and originality of the nonprofit sector. [source] Toward a Framework for Achieving a Sustainable GlobalizationBUSINESS AND SOCIETY REVIEW, Issue 3 2010JOHN F. PREBLE ABSTRACT Widespread trade liberalization and economic integration characterize the current era of globalization. While this approach has resulted in significant job creation, improved living standards, and a wider variety of cheaper consumer goods and services, opponents question if globalization's benefits outweigh the dislocations and downsides that it causes. Protestors are intent on stalling or rolling back globalization's progression and our review of the history of globalization reveals that a backlash is not without precedent. The article carefully examines the myth and reality of these two opposing positions on four key areas of the globalization debate: jobs; inequality and poverty; national sovereignty and cultural diversity; and the natural environment. This information is then utilized to derive a broad set of feasible policy recommendations that could help bring about a more sustainable form of globalization. [source] A structural model of US aggregate job flowsJOURNAL OF APPLIED ECONOMETRICS, Issue 3 2002Fabrice Collard This paper contributes to the analysis of jobs flows dynamics through the explicit modelling of job creations and job destructions. We propose a simple matching model extended for endogenous separation and tractable heterogeneity. The parameters of the model are estimated using a simulation-based estimation method. We then test the ability of trade externalities, generated by the matching process, to (i) propagate reallocation and aggregate disturbances in the whole labor market and (ii) generate the observed distribution of aggregate job flows. The results clearly indicate that the model is able to match the dynamics of US aggregate job flows. Copyright © 2002 John Wiley & Sons, Ltd. [source] | ||||||||||||||||||||||||||||