Showing 1 - 10 of 28
"Using German data this study applies an unobserved-components approach to disentangle the unemployment rate into a … trend component of unemployment, which triggers permanent reactions of the workers, is likely connected to a structural … effect. By splitting up the participation effect of changes in the unemployment rate our analysis differs profoundly from …
Persistent link: https://www.econbiz.de/10010691302
Institutions can affect individual behavior both via their efficiency impact and via their risk reducing mechanisms … simultaneously extant institutions. This paper presents a simple model of institutional choice in a labor market when there is a risk …
Persistent link: https://www.econbiz.de/10005118909
"In this paper we study the effect of small labor market entry cohorts on (un)employment in Western Germany. From a … theoretical point of view, decreasing cohort sizes may on the one hand reduce unemployment due to 'inverse cohort crowding' or on … the other hand increase unemployment if companies reduce jobs disproportionately. Consequently, the actual effect of …
Persistent link: https://www.econbiz.de/10009293298
"Over the last decade, both the availability of quantitative indicators on labor market institutions and of studies …: first, we provide an overview of the aggregate indicators of core labor market institutions such as employment protection …
Persistent link: https://www.econbiz.de/10005537146
"Over the last decade, both the availability of quantitative indicators on labor market institutions and of studies …: first, we provide an overview of the aggregate indicators of core labor market institutions such as employment protection …
Persistent link: https://www.econbiz.de/10010592417
"This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the...
Persistent link: https://www.econbiz.de/10005004093
components of matching efficiency and separation rate (shifting parameters) as well as unemployment and vacancies. Cointegration …
Persistent link: https://www.econbiz.de/10010791531
"The geographical distribution and persistence of regional/local unemployment rates in heterogeneous economies (such as … an interest in analysing the dynamic adjustment processes of unemployment and the average degree of dependence of the … current unemployment rates or gross domestic product from the ones observed in the past. In this paper, we present a new …
Persistent link: https://www.econbiz.de/10010592387
"This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the...
Persistent link: https://www.econbiz.de/10010592399
"The geographical distribution and persistence of regional/local unemployment rates in heterogeneous economies (such as … an interest in analysing the dynamic adjustment processes of unemployment and the average degree of dependence of the … current unemployment rates or gross domestic product from the ones observed in the past. In this paper, we present a new …
Persistent link: https://www.econbiz.de/10008831573