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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27208 |
来源ID | Working Paper 27208 |
Corporate Hiring under COVID-19: Labor Market Concentration, Downskilling, and Income Inequality | |
Murillo Campello; Gaurav Kankanhalli; Pradeep Muthukrishnan | |
发表日期 | 2020-05-25 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Big data on job-vacancy postings reveal several dimensions of the impact of COVID-19 on the U.S. job market. Firms have cut back on postings for high-skill jobs more than for low-skill jobs, with small firms nearly halting their new hiring altogether. New-hiring cuts and downskilling are most pronounced in local labor markets lacking depth (where employment is concentrated within a few firms), in low-income areas, and in areas with greater income inequality. Cuts are deeper in industries where workers are more unionized and in the non-tradable sector. Access to finance modulates corporate hiring, with credit-constrained firms curtailing their job postings the most. Our study shows how the early-2020 global pandemic is shaping the dynamics of hiring, identifying the firms, jobs, places, industries, and labor markets most affected by it. Our results point to important challenges to the scale and speed of a recovery. |
主题 | Macroeconomics ; Consumption and Investment ; Financial Economics ; Corporate Finance ; Labor Economics ; Labor Supply and Demand ; COVID-19 |
URL | https://www.nber.org/papers/w27208 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584881 |
推荐引用方式 GB/T 7714 | Murillo Campello,Gaurav Kankanhalli,Pradeep Muthukrishnan. Corporate Hiring under COVID-19: Labor Market Concentration, Downskilling, and Income Inequality. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27208.pdf(1377KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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