Labour costs and the decision to hire the first employee

IF 2.8 2区经济学 Q1 ECONOMICS

European Economic Review Pub Date : 2024-09-12 DOI:10.1016/j.euroecorev.2024.104859

Bart Cockx , Sam Desiere

引用次数: 0

Abstract

Firms without paid employees account for up to 80 % of all firms, but only a small minority ever hires. This paper investigates the relationship between labour costs and the decision to hire a first employee and become an employer. Leveraging a unique policy in Belgium that permanently reduced the labour cost of the first employee by 13 %, we find that the number of new, first-time employers jumped by 31 % immediately following the reform. The elasticity of the probability to hire the first employee with respect to the labour cost is −2.39 [95 % CI: −3.45, −1.25].

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劳动力成本和雇佣第一位员工的决定

没有带薪雇员的企业占所有企业的 80%，但只有少数企业雇用过员工。本文研究了劳动力成本与雇佣第一名员工并成为雇主的决定之间的关系。比利时实行了一项独特的政策，永久性地将第一名员工的劳动力成本降低了 13%，通过这项政策，我们发现在改革之后，新的首次雇主数量立即跃升了 31%。雇用第一名员工的概率与劳动力成本的弹性系数为-2.39 [95 % CI: -3.45, -1.25] 。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Economic Review ECONOMICS-

CiteScore

4.70

自引率

3.60%

发文量

170

期刊介绍： The European Economic Review (EER) started publishing in 1969 as the first research journal specifically aiming to contribute to the development and application of economics as a science in Europe. As a broad-based professional and international journal, the EER welcomes submissions of applied and theoretical research papers in all fields of economics. The aim of the EER is to contribute to the development of the science of economics and its applications, as well as to improve communication between academic researchers, teachers and policy makers across the European continent and beyond.