Arbeitspapier

When and how to create a job: the survival of new jobs in Austrian firms

While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firms and from a macro perspective. Adjustment cost theories and arguments about option values of investment in firm expansion make predictions about the timing, sequencing and form of firm expansions. When we analyze 21 years of job creation in Austria, we find that the survival of new jobs (and of new firms) depends upon the state of the business cycle at the time of job creation, on the number of jobs created, and on firm age. Jobs in new firms last longer than new jobs in continuing firms.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 1602

Klassifikation
Wirtschaft
Labor Demand
Labor Turnover; Vacancies; Layoffs
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Business Fluctuations; Cycles
Thema
job creation
business cycle
reallocation
persistence
Arbeitsnachfrage
Personalbedarf
Kündigung
Konjunktur
Österreich
Arbeitsnachfrage
Personalbedarf
Kündigung
Konjunktur
Österreich

Ereignis
Geistige Schöpfung
(wer)
Böheim, René
Stiglbauer, Alfred M.
Winter-Ebmer, Rudolf
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Böheim, René
  • Stiglbauer, Alfred M.
  • Winter-Ebmer, Rudolf
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2005

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