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 |
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Format: | Artikel |
Sprache: | eng |
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