美国短期薪酬计划的异质性裁员效应

IF 0.7 Q4 INDUSTRIAL RELATIONS & LABOR

Labour-England Pub Date : 2020-10-05 DOI:10.1111/labr.12184

Marlon R. Tracey, Solomon W. Polachek

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引用次数: 4

摘要

短期补偿(STC)计划使美国公司能够通过按比例分配的失业保险(UI)福利来减少工作时间，而不是依靠裁员作为削减成本的工具。尽管该计划有可能避免技能流失和再招聘/再培训成本，但在经济低迷时期，企业的参与率仍然很低。利用企业层面的UI管理数据和半参数方法，我们通过说明哪些类型的企业从该计划中受益，哪些没有，来说明原因。一个关键的发现是，当周期敏感的公司使用STC时，裁员率降低了约14%，但我们发现周期稳定的公司没有差异。

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Heterogeneous Layoff Effects of the US Short-Time Compensation Program

The Short-Time Compensation (STC) program enables US firms to reduce work hours via pro-rated Unemployment Insurance (UI) benefits, rather than relying on layoffs as a cost-cutting tool. Despite the program's potential to preclude skill loss and rehiring/retraining costs, firms' participation rates are still very low in response to economic downturns. Using firm-level UI administrative data and semi-parametric methods, we show why by illustrating which type of firms benefit from the program and which do not. A key finding is that cyclically sensitive firms have about 14% lower layoff rates when they use STC, but we find no difference for more cyclically stable firms.

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来源期刊

Labour-England INDUSTRIAL RELATIONS & LABOR-

CiteScore

1.30

自引率

16.70%

发文量

期刊介绍： LABOUR provides a forum for analysis and debate on issues concerning labour economics and industrial relations. The Journal publishes high quality contributions which combine economic theory and statistical methodology in order to analyse behaviour, institutions and policies relevant to the labour market.