Uncertainty and the employment dynamics of small and large businesses /:
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S & P500 stock price index, and fuel prices. Our results indicate th...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.] :
International Monetary Fund,
©2015.
|
| Schriftenreihe: | IMF working paper ;
WP/15/4. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S & P500 stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to focus on the relatively smaller and entrepreneurial businesses. We discuss implications for the framing of economic policy.--Abstract. |
| Beschreibung: | "January 2015." "Research Department." |
| Beschreibung: | 1 online resource (49 pages) : illustrations |
| Bibliographie: | Includes bibliographical references (pages 25-32). |
| ISBN: | 1475552513 9781475552515 9781484354568 1484354567 |
| ISSN: | 1018-5941 ; |
Internformat
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| 100 | 1 | |a Ghosal, Vivek. |0 http://id.loc.gov/authorities/names/no2002045291 | |
| 245 | 1 | 0 | |a Uncertainty and the employment dynamics of small and large businesses / |c prepared by Vivek Ghosal and Yang Ye. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2015. | ||
| 300 | |a 1 online resource (49 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper, |x 1018-5941 ; |v WP/15/4 | |
| 500 | |a "January 2015." | ||
| 500 | |a "Research Department." | ||
| 504 | |a Includes bibliographical references (pages 25-32). | ||
| 520 | |a We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S & P500 stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to focus on the relatively smaller and entrepreneurial businesses. We discuss implications for the framing of economic policy.--Abstract. | ||
| 588 | 0 | |a Online resource; title from pdf title page (IMF.org Web site, viewed January 22, 2015). | |
| 505 | 0 | |a Cover; Contents; I. Introduction; II. Theoretical Considerations; A. Real-options; B. Information Asymmetries and Financing Constraints; C. Risk-preferences; III. Empirical Evidence; IV. Data Description; V. Measuring Uncertainty; VI. Estimating the Effects of Uncertainty; VII. Estimation Results; A. Estimates; B. Assessing Quantitative Effects; C. Comments on Robustness of Results; VIII. Discussion of Results and Implications; References; Tables; 1 Summary Statistics; 2. Person Correlation Coefficients Uncertainly Measures; 3.1 Growth of Employments Specifications. Dependent Varibale: EMPt. | |
| 505 | 8 | |a 3.2 Growth of Employment Specifications. Dependent Variable: EMPt4.1 Growth of Employment Specifications Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 4.2 Growth of Employment Specification Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 5. Growth of Employment Specifications Total Quantitative Effects; Figures; 1. Growth of Total Employment; 2. Growth of Employment in Large ((Omitted)500 employees) Businesses; 3. Growth of Employment in Small ((Omitted)500 employees) Businesses. | |
| 650 | 0 | |a Employment (Economic theory) |0 http://id.loc.gov/authorities/subjects/sh85042916 | |
| 650 | 0 | |a Business enterprises. |0 http://id.loc.gov/authorities/subjects/sh85018285 | |
| 650 | 0 | |a Economic forecasting. |0 http://id.loc.gov/authorities/subjects/sh85040814 | |
| 650 | 0 | |a Regression analysis. |0 http://id.loc.gov/authorities/subjects/sh85112392 | |
| 650 | 0 | |a Economic policy. |0 http://id.loc.gov/authorities/subjects/sh85040837 | |
| 650 | 2 | |a Employment |0 https://id.nlm.nih.gov/mesh/D004651 | |
| 650 | 2 | |a Regression Analysis |0 https://id.nlm.nih.gov/mesh/D012044 | |
| 650 | 6 | |a Emploi. | |
| 650 | 6 | |a Entreprises. | |
| 650 | 6 | |a Prévision économique. | |
| 650 | 6 | |a Analyse de régression. | |
| 650 | 6 | |a Politique économique. | |
| 650 | 7 | |a employing. |2 aat | |
| 650 | 7 | |a Business enterprises |2 fast | |
| 650 | 7 | |a Economic forecasting |2 fast | |
| 650 | 7 | |a Economic policy |2 fast | |
| 650 | 7 | |a Employment (Economic theory) |2 fast | |
| 650 | 7 | |a Regression analysis |2 fast | |
| 700 | 1 | |a Ye, Yang. | |
| 710 | 2 | |a International Monetary Fund. |b Research Department. |0 http://id.loc.gov/authorities/names/n77001219 | |
| 758 | |i has work: |a Uncertainty and the employment dynamics of small and large businesses (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGKt63XgJCC3kBqxYvvM8C |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 830 | 0 | |a IMF working paper ; |v WP/15/4. |0 http://id.loc.gov/authorities/names/no89010263 | |
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| adam_text | |
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| author | Ghosal, Vivek |
| author2 | Ye, Yang |
| author2_role | |
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| author_GND | http://id.loc.gov/authorities/names/no2002045291 |
| author_corporate | International Monetary Fund. Research Department |
| author_corporate_role | |
| author_facet | Ghosal, Vivek Ye, Yang International Monetary Fund. Research Department |
| author_role | |
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| callnumber-subject | HG - Finance |
| collection | ZDB-4-EBU |
| contents | Cover; Contents; I. Introduction; II. Theoretical Considerations; A. Real-options; B. Information Asymmetries and Financing Constraints; C. Risk-preferences; III. Empirical Evidence; IV. Data Description; V. Measuring Uncertainty; VI. Estimating the Effects of Uncertainty; VII. Estimation Results; A. Estimates; B. Assessing Quantitative Effects; C. Comments on Robustness of Results; VIII. Discussion of Results and Implications; References; Tables; 1 Summary Statistics; 2. Person Correlation Coefficients Uncertainly Measures; 3.1 Growth of Employments Specifications. Dependent Varibale: EMPt. 3.2 Growth of Employment Specifications. Dependent Variable: EMPt4.1 Growth of Employment Specifications Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 4.2 Growth of Employment Specification Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 5. Growth of Employment Specifications Total Quantitative Effects; Figures; 1. Growth of Total Employment; 2. Growth of Employment in Large ((Omitted)500 employees) Businesses; 3. Growth of Employment in Small ((Omitted)500 employees) Businesses. |
| ctrlnum | (OCoLC)900609574 |
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| dewey-raw | 331.1377 |
| dewey-search | 331.1377 |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| indexdate | 2024-11-26T14:49:18Z |
| institution | BVB |
| institution_GND | http://id.loc.gov/authorities/names/n77001219 |
| isbn | 1475552513 9781475552515 9781484354568 1484354567 |
| issn | 1018-5941 ; |
| language | English |
| oclc_num | 900609574 |
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| series | IMF working paper ; |
| series2 | IMF working paper, |
| spelling | Ghosal, Vivek. http://id.loc.gov/authorities/names/no2002045291 Uncertainty and the employment dynamics of small and large businesses / prepared by Vivek Ghosal and Yang Ye. [Washington, D.C.] : International Monetary Fund, ©2015. 1 online resource (49 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier IMF working paper, 1018-5941 ; WP/15/4 "January 2015." "Research Department." Includes bibliographical references (pages 25-32). We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S & P500 stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to focus on the relatively smaller and entrepreneurial businesses. We discuss implications for the framing of economic policy.--Abstract. Online resource; title from pdf title page (IMF.org Web site, viewed January 22, 2015). Cover; Contents; I. Introduction; II. Theoretical Considerations; A. Real-options; B. Information Asymmetries and Financing Constraints; C. Risk-preferences; III. Empirical Evidence; IV. Data Description; V. Measuring Uncertainty; VI. Estimating the Effects of Uncertainty; VII. Estimation Results; A. Estimates; B. Assessing Quantitative Effects; C. Comments on Robustness of Results; VIII. Discussion of Results and Implications; References; Tables; 1 Summary Statistics; 2. Person Correlation Coefficients Uncertainly Measures; 3.1 Growth of Employments Specifications. Dependent Varibale: EMPt. 3.2 Growth of Employment Specifications. Dependent Variable: EMPt4.1 Growth of Employment Specifications Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 4.2 Growth of Employment Specification Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 5. Growth of Employment Specifications Total Quantitative Effects; Figures; 1. Growth of Total Employment; 2. Growth of Employment in Large ((Omitted)500 employees) Businesses; 3. Growth of Employment in Small ((Omitted)500 employees) Businesses. Employment (Economic theory) http://id.loc.gov/authorities/subjects/sh85042916 Business enterprises. http://id.loc.gov/authorities/subjects/sh85018285 Economic forecasting. http://id.loc.gov/authorities/subjects/sh85040814 Regression analysis. http://id.loc.gov/authorities/subjects/sh85112392 Economic policy. http://id.loc.gov/authorities/subjects/sh85040837 Employment https://id.nlm.nih.gov/mesh/D004651 Regression Analysis https://id.nlm.nih.gov/mesh/D012044 Emploi. Entreprises. Prévision économique. Analyse de régression. Politique économique. employing. aat Business enterprises fast Economic forecasting fast Economic policy fast Employment (Economic theory) fast Regression analysis fast Ye, Yang. International Monetary Fund. Research Department. http://id.loc.gov/authorities/names/n77001219 has work: Uncertainty and the employment dynamics of small and large businesses (Text) https://id.oclc.org/worldcat/entity/E39PCGKt63XgJCC3kBqxYvvM8C https://id.oclc.org/worldcat/ontology/hasWork IMF working paper ; WP/15/4. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1254241 Volltext |
| spellingShingle | Ghosal, Vivek Uncertainty and the employment dynamics of small and large businesses / IMF working paper ; Cover; Contents; I. Introduction; II. Theoretical Considerations; A. Real-options; B. Information Asymmetries and Financing Constraints; C. Risk-preferences; III. Empirical Evidence; IV. Data Description; V. Measuring Uncertainty; VI. Estimating the Effects of Uncertainty; VII. Estimation Results; A. Estimates; B. Assessing Quantitative Effects; C. Comments on Robustness of Results; VIII. Discussion of Results and Implications; References; Tables; 1 Summary Statistics; 2. Person Correlation Coefficients Uncertainly Measures; 3.1 Growth of Employments Specifications. Dependent Varibale: EMPt. 3.2 Growth of Employment Specifications. Dependent Variable: EMPt4.1 Growth of Employment Specifications Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 4.2 Growth of Employment Specification Dependent Variable: EMPt Quantitative Effect of one-s.d. Increase in Driving Variable; 5. Growth of Employment Specifications Total Quantitative Effects; Figures; 1. Growth of Total Employment; 2. Growth of Employment in Large ((Omitted)500 employees) Businesses; 3. Growth of Employment in Small ((Omitted)500 employees) Businesses. Employment (Economic theory) http://id.loc.gov/authorities/subjects/sh85042916 Business enterprises. http://id.loc.gov/authorities/subjects/sh85018285 Economic forecasting. http://id.loc.gov/authorities/subjects/sh85040814 Regression analysis. http://id.loc.gov/authorities/subjects/sh85112392 Economic policy. http://id.loc.gov/authorities/subjects/sh85040837 Employment https://id.nlm.nih.gov/mesh/D004651 Regression Analysis https://id.nlm.nih.gov/mesh/D012044 Emploi. Entreprises. Prévision économique. Analyse de régression. Politique économique. employing. aat Business enterprises fast Economic forecasting fast Economic policy fast Employment (Economic theory) fast Regression analysis fast |
| subject_GND | http://id.loc.gov/authorities/subjects/sh85042916 http://id.loc.gov/authorities/subjects/sh85018285 http://id.loc.gov/authorities/subjects/sh85040814 http://id.loc.gov/authorities/subjects/sh85112392 http://id.loc.gov/authorities/subjects/sh85040837 https://id.nlm.nih.gov/mesh/D004651 https://id.nlm.nih.gov/mesh/D012044 |
| title | Uncertainty and the employment dynamics of small and large businesses / |
| title_auth | Uncertainty and the employment dynamics of small and large businesses / |
| title_exact_search | Uncertainty and the employment dynamics of small and large businesses / |
| title_full | Uncertainty and the employment dynamics of small and large businesses / prepared by Vivek Ghosal and Yang Ye. |
| title_fullStr | Uncertainty and the employment dynamics of small and large businesses / prepared by Vivek Ghosal and Yang Ye. |
| title_full_unstemmed | Uncertainty and the employment dynamics of small and large businesses / prepared by Vivek Ghosal and Yang Ye. |
| title_short | Uncertainty and the employment dynamics of small and large businesses / |
| title_sort | uncertainty and the employment dynamics of small and large businesses |
| topic | Employment (Economic theory) http://id.loc.gov/authorities/subjects/sh85042916 Business enterprises. http://id.loc.gov/authorities/subjects/sh85018285 Economic forecasting. http://id.loc.gov/authorities/subjects/sh85040814 Regression analysis. http://id.loc.gov/authorities/subjects/sh85112392 Economic policy. http://id.loc.gov/authorities/subjects/sh85040837 Employment https://id.nlm.nih.gov/mesh/D004651 Regression Analysis https://id.nlm.nih.gov/mesh/D012044 Emploi. Entreprises. Prévision économique. Analyse de régression. Politique économique. employing. aat Business enterprises fast Economic forecasting fast Economic policy fast Employment (Economic theory) fast Regression analysis fast |
| topic_facet | Employment (Economic theory) Business enterprises. Economic forecasting. Regression analysis. Economic policy. Employment Regression Analysis Emploi. Entreprises. Prévision économique. Analyse de régression. Politique économique. employing. Business enterprises Economic forecasting Economic policy Regression analysis |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1254241 |
| work_keys_str_mv | AT ghosalvivek uncertaintyandtheemploymentdynamicsofsmallandlargebusinesses AT yeyang uncertaintyandtheemploymentdynamicsofsmallandlargebusinesses AT internationalmonetaryfundresearchdepartment uncertaintyandtheemploymentdynamicsofsmallandlargebusinesses |