| 000 | 01464nab a2200253 c 4500 | ||
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| 999 |
_c147544 _d147544 |
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| 003 | ES-MaIEF | ||
| 005 | 20230524125019.0 | ||
| 007 | ta | ||
| 008 | 230524t2023 us ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
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| 100 | 1 |
_970634 _aGraves, Sebastian |
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| 245 | 4 |
_aThe state-dependent effectiveness of hiring subsidies _c Sebastian Graves |
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| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aThe responsiveness of job creation to shocks is procyclical, while the responsiveness of job destruction is countercyclical. This new finding can be explained by a heterogeneous-firm model in which hiring costs lead to lumpy employment adjustment. The model predicts that policies that aim to stimulate employment by encouraging job creation, such as hiring subsidies, are significantly less effective in recessions: these are times when few firms are near their hiring thresholds and many firms are near their firing thresholds. Policies that target the job destruction margin, such as employment protection subsidies, are particularly effective at such times. | ||
| 650 |
_aEMPLEO _943494 |
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| 650 |
_aDESEMPLEO _942613 |
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| 650 |
_aEMPRESAS _943504 |
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| 650 |
_aAYUDA ESTATAL _932236 |
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| 650 | 4 |
_955892 _aCREACIÓN DE EMPLEO |
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| 650 | 4 |
_934579 _aCICLOS ECONOMICOS |
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| 773 | 0 |
_9169407 _oOP 2137/2023/2 _tAmerican Economic Journal : Macroeconomics _w(IEF)64915 _x 1945-7707 _g v. 15, n. 2, April 2023, p. 229-253 |
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| 942 | _cART | ||