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X-WR-CALNAME;VALUE=TEXT:TSE
BEGIN:VTIMEZONE
TZID:Europe/Paris
BEGIN:STANDARD
DTSTART:20251026T030000
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
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BEGIN:DAYLIGHT
DTSTART:20250330T020000
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TZOFFSETTO:+0200
RDATE:20260329T020000
TZNAME:CEST
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BEGIN:VEVENT
UID:calendar.137945.field_date.0@www.tse-fr.eu
DTSTAMP:20260422T113056Z
CREATED:20250902T081001Z
DESCRIPTION:Julien Sauvagnat\, “Hiring Difficulties and Firm Growth”\, Fina
 nce Seminar\, Toulouse: TSE\, September 12\, 2025\, 12:30–14:00\, room Aud
 itorium 4.\n\nWe estimate the causal impact of hiring difficulties on firm
 s’ outcomes. Using a shift share identification strategy\, we show that hi
 ring difficulties have negative effects on firms’ employment\, capital\, s
 ales\, and profits. Quantitatively\, a one-standarddeviation change in fir
 m exposure to hiring difficulties explains around 9% of the variation in f
 irm size. Firms adjust to hiring difficulties by increasing wages and the 
 retention rate of incumbent workers\, and by lowering their hiring standar
 ds. The effects of hiring difficulties are larger in expanding sectors and
  areas\, for labor intensive and financially-sound firms\, and for non-rou
 tine cognitive\, high-skill\, highwage\, and specialized occupations.
DTSTART;TZID=Europe/Paris:20250912T133000
DTEND;TZID=Europe/Paris:20250912T150000
LAST-MODIFIED:20260113T095129Z
LOCATION:Toulouse: TSE\, September 12\, 2025\, 12:30–14:00\, room Auditoriu
 m 4
SUMMARY:Finance Seminar
URL;TYPE=URI:https://www.tse-fr.eu/seminars/2025-hiring-difficulties-and-fi
 rm-growth
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