The Experts below are selected from a list of 153612 Experts worldwide ranked by ideXlab platform
Ann Huff Stevens - One of the best experts on this subject based on the ideXlab platform.
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locate your nearest exit mass layoffs and local labor Market Response
Industrial and Labor Relations Review, 2019Co-Authors: Andrew Foote, Michel Grosz, Ann Huff StevensAbstract:Large shocks to local labor Markets can cause long-lasting changes to employment, unemployment, and the local labor force. This study examines the relationship between mass layoffs and the long-run...
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locate your nearest exit mass layoffs and local labor Market Response
Research Papers in Economics, 2015Co-Authors: Andrew Foote, Michel Grosz, Ann Huff StevensAbstract:Large shocks to local labor Markets cause lasting changes to communities and their residents. We examine four main channels through which the local labor force adjusts following mass layoffs: in- and out-migration, retirement, and disability insurance enrollment. We show that these channels account for over half of the labor force reductions following a mass layoff event. By measuring the residual difference between these channels and labor force change, we also show that labor force non-participation grew in the period during and after the Great Recession. This result highlights the growing importance of non-participation as a Response to labor demand shocks.
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locate your nearest exit mass layoffs and local labor Market Response
National Bureau of Economic Research, 2015Co-Authors: Andrew Foote, Michel Grosz, Ann Huff StevensAbstract:Large shocks to local labor Markets can cause long-lasting changes to employment, unemployment and the local labor force. This study examines the relationship between mass layoffs and the long-run size of the local labor force. It considers four main channels through which the local labor force may adjust: in-migration, out-migration, retirement, and disability insurance enrollment. We show that these channels account for over half of the labor force reductions following a mass layoff event. By measuring the residual difference between these channels and net labor force change, we also show that labor force non-participation accounted for much of the local labor force Response in the period during and after the Great Recession.
Andrew Foote - One of the best experts on this subject based on the ideXlab platform.
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locate your nearest exit mass layoffs and local labor Market Response
Industrial and Labor Relations Review, 2019Co-Authors: Andrew Foote, Michel Grosz, Ann Huff StevensAbstract:Large shocks to local labor Markets can cause long-lasting changes to employment, unemployment, and the local labor force. This study examines the relationship between mass layoffs and the long-run...
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locate your nearest exit mass layoffs and local labor Market Response
Research Papers in Economics, 2015Co-Authors: Andrew Foote, Michel Grosz, Ann Huff StevensAbstract:Large shocks to local labor Markets cause lasting changes to communities and their residents. We examine four main channels through which the local labor force adjusts following mass layoffs: in- and out-migration, retirement, and disability insurance enrollment. We show that these channels account for over half of the labor force reductions following a mass layoff event. By measuring the residual difference between these channels and labor force change, we also show that labor force non-participation grew in the period during and after the Great Recession. This result highlights the growing importance of non-participation as a Response to labor demand shocks.
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locate your nearest exit mass layoffs and local labor Market Response
National Bureau of Economic Research, 2015Co-Authors: Andrew Foote, Michel Grosz, Ann Huff StevensAbstract:Large shocks to local labor Markets can cause long-lasting changes to employment, unemployment and the local labor force. This study examines the relationship between mass layoffs and the long-run size of the local labor force. It considers four main channels through which the local labor force may adjust: in-migration, out-migration, retirement, and disability insurance enrollment. We show that these channels account for over half of the labor force reductions following a mass layoff event. By measuring the residual difference between these channels and net labor force change, we also show that labor force non-participation accounted for much of the local labor force Response in the period during and after the Great Recession.
Douglas A Shackelford - One of the best experts on this subject based on the ideXlab platform.
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germany s repeal of the corporate capital gains tax the equity Market Response
Journal of The American Taxation Association, 2004Co-Authors: Courtney H Edwards, Mark H Lang, Edward L Maydew, Douglas A ShackelfordAbstract:In late 1999, the German government made a surprise announcement that it would repeal the large and long‐standing capital gains tax on sales of corporate crossholdings effective in 2002. The repeal has been hailed as a revolutionary step toward breaking up the extensive web of crossholdings among German companies. The lock‐in effect from the large corporate capital gains tax was said to act as a barrier to efficient acquisition and divestiture of German firms and divisions. Many observers predicted that once the lock‐in effect was removed, Germany would experience a flurry of acquisition and divestiture activity. Several other industrialized countries were poised to follow suit, with similar proposals pending in France, Japan, and the United Kingdom. This paper provides evidence of the economic impact of the repeal by examining its effect on the Market values of German firms. While event studies of tax legislation can be difficult, our study is aided by the fact that the repeal was both a surprise and was...
Valentina Bosetti - One of the best experts on this subject based on the ideXlab platform.
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forestry and the carbon Market Response to stabilize climate
Energy Policy, 2007Co-Authors: Massimo Tavoni, Brent Sohngen, Valentina BosettiAbstract:Abstract This paper investigates the potential contribution of forestry management in meeting a CO2 stabilization policy of 550 ppmv by 2100. In order to assess the optimal Response of the carbon Market to forest sequestration, we couple two global models. An energy–economy–climate model for the study of climate policies is linked with a detailed forestry model through an iterative procedure to provide the optimal abatement strategy. Results show that forestry is a determinant abatement option and could lead to significantly lower policy costs if included. Linking forestry management to the carbon Market has the potential to alleviate the policy burden of 50 ppmv or equivalently of 1 4 ∘ C , and to significantly decrease the price of carbon. Biological sequestration will mostly come from avoided deforestation in tropical-forest-rich countries. The inclusion of this mitigation option is demonstrated to crowd out some of the traditional abatement in the energy sector and to lessen induced technological change in clean technologies.
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forestry and the carbon Market Response to stabilize climate
Energy Policy, 2007Co-Authors: Massimo Tavoni, Brent Sohngen, Valentina BosettiAbstract:This paper investigates the potential contribution of forestry management in meeting a CO2 stabilization policy of 550 ppmv by 2100. In order to assess the optimal Response of the carbon Market to forest sequestration we couple two global models. An energy-economy-climate model for the study of climate policies is linked with a detailed forestry model through an iterative procedure to provide the optimal abatement strategy. Results show that forestry is a determinant abatement option and could lead to significantly lower policy costs if included. Linking forestry management to the carbon Market has the potential to delay the policy burden, and is expected to reduce the price of carbon of 40% by 2050. Biological sequestration will mostly come from avoided deforestation in tropical forests rich countries. The inclusion of this mitigation option is demonstrated to crowd out some of the traditional abatement in the energy sector and to lessen induced technological change in clean technologies.
Kam Fong Chan - One of the best experts on this subject based on the ideXlab platform.
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Market Response of us equities to domestic natural disasters industry based evidence
Accounting and Finance, 2020Co-Authors: Ihtisham Abdul Malik, Robert W Faff, Kam Fong ChanAbstract:This study investigates US industry-based price Response to domestic natural disasters over the period 1960–2015. Using an event study methodology, we estimate pre-, during and post-disaster impacts. We document a slower Response in the pre-disaster period than in the post-disaster period. We further find that industries react differently to the same disaster and that reactions are not always negative. For example, meteorological disasters have a positive (negative) Market impact on Gold (Banking). Moreover, we provide evidence that not every industry responds similarly to different disasters, e.g., Gold reacts positively (negatively) to meteorological (geophysical) disasters.
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Market Response of us equities to domestic natural disasters industry based evidence
Social Science Research Network, 2018Co-Authors: Ihtisham Abdul Malik, Robert W Faff, Kam Fong ChanAbstract:This study investigates US industry-based price Response to domestic natural disasters over the period 1960-2015. Using an event study methodology, we estimate pre, during and post disaster impacts and document a slower Response in pre-disaster period than in post-disaster period. We further find that industries react differently to the same disaster and that reactions are not always negative. For example, meteorological disasters have a positive (negative) Market impact on Gold (Banking). Moreover, we provide evidence that not every industry responds similarly to different disasters e.g. Gold reacts positively (negatively) to meteorological (geophysical) disasters. As such, we identify key “winner” and “loser” industries in the event of respective natural disasters, which is suggestive of safer investment opportunities to investors sensitive to the prospect of future similar scenarios.
