Why don't firms hire young workers during recessions?

Recessions are known to be particularly damaging to young workers’ employment outcomes. I find that during recessions the hiring rate falls faster for young workers than for more experienced workers. I show that this cannot be explained by the composition of jobs or workers’ labour supply decisions,...

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Veröffentlicht in:The Economic journal (London) 2022-06, Vol.132 (645), p.1765-1789
1. Verfasser: Forsythe, Eliza
Format: Artikel
Sprache:eng
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