Replication data for: Do Labor Market Rigidities Have Microeconomic Effects? Evidence from within the Firm
Principal Investigator(s): View help for Principal Investigator(s) Francine Lafontaine; Jagadeesh Sivadasan
Version: View help for Version V1
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| AEJApp-2007-0021_data_programs | 10/12/2019 12:13:PM | ||
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Project Citation:
Lafontaine, Francine, and Sivadasan, Jagadeesh. Replication data for: Do Labor Market Rigidities Have Microeconomic Effects? Evidence from within the Firm. Nashville, TN: American Economic Association [publisher], 2009. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113562V1
Project Description
Summary:
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We exploit a unique outlet-level dataset from a multinational chain
with over 2,500 outlets in 43 countries to investigate the effects of
labor regulations that protect employment. The dataset contains
information on output, materials, and labor costs at a weekly frequency
over several years, allowing us to examine the consequences
of labor market rigidity at a much more detailed level than has been
possible to date. We find that higher labor market rigidity is associated
with significantly higher levels of hysteresis. We also find some
evidence that labor costs are less responsive to sales revenue in more
highly regulated markets. (JEL: E24, J08, J23, K31, M51)
Scope of Project
JEL Classification:
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E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
J08 Labor Economics Policies
J23 Labor Demand
K31 Labor Law
M51 Personnel Economics: Firm Employment Decisions; Promotions
E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
J08 Labor Economics Policies
J23 Labor Demand
K31 Labor Law
M51 Personnel Economics: Firm Employment Decisions; Promotions
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