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Working-week flexibility: Implications for employment and productivity

Osuna, Victoria - Institut für Weltwirtschaft (IfW) - 2013

This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly hours worked introduced in the recent Spanish labour market reform (the 2012 reform). A crucial aspect of the model will be the extent to which firms will be able to choose the...

Persistent link: https://www.econbiz.de/10010956138

Macroeconomic Relaxation: Adjustment Processes of Hierarchical Economic Structures

Hawkins, Raymond; Aoki, Masanao - Institut für Weltwirtschaft (IfW) - 2008

examining the relationship between output and demand as mediated by changes in unemployment, or Okun's law. We also demonstrate …

Persistent link: https://www.econbiz.de/10005097460

Monetary Policy and Swedish Unemployment Fluctuations

Alexius, Annika; Holmlund, Bertil - Institut für Weltwirtschaft (IfW) - 2007

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

Persistent link: https://www.econbiz.de/10005083343

The Measurement of Persistence and Hysteresis in Aggregate Unemployment.

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

unemployment persistence. …

Persistent link: https://www.econbiz.de/10005126077

The Italian wage curve reloaded: Does occupation matter?

Gucciardi, Gianluca - Institut für Weltwirtschaft (IfW) - 2014

wages and the local unemployment rate - within a number of occupations. It exploits the Bank of Italy's Household Survey and …

Persistent link: https://www.econbiz.de/10010961610

Values and labor force participation in the Nordic countries

Hall, Axel; Zoega, Gylfi - Institut für Weltwirtschaft (IfW) - 2014

The Nordic countries are known for their success in combining an extensive welfare state with high labor force participation. This is explained by the origins of their welfare states that can be traced to a unique set of values and beliefs that emphasize the right of women to participate in the...

Persistent link: https://www.econbiz.de/10010956120

International trade and polarization in the labor market

Das, Satya P. - Institut für Weltwirtschaft (IfW) - 2011

The paper builds an argument that international trade can be one explanation behind polarization of employment in the labor market observed in developed countries such as U.K. and U.S. It considers a small open economy, having production sectors which use three types of labor: high-skill,...

Persistent link: https://www.econbiz.de/10009372164

A Note on Aoki-Yoshikawa Model

Scalas, Enrico; Garibaldi, Ubaldo - Institut für Weltwirtschaft (IfW) - 2008

In this paper, we explore a dynamical version of by Aoki and Yoshikawa model (AYM) for an economy driven by demand. We show that when an appropriate Markovian dynamics is taken into account, AYM has di¤erent equilibrium distributions depending on the form of transition probabilities. In the...

Persistent link: https://www.econbiz.de/10005097476

Why do educated mothers matter? A model of parental help

Canova, Luciano; Vaglio, Alessandro - Institut für Weltwirtschaft (IfW) - 2010

This paper investigates the role performed by mothers in affecting their childrens' performance at school. The article develops firstly a theoretical model in which household (parent-child pair) is treated as an individual, whose utility depends both on the performance at school of the student...

Persistent link: https://www.econbiz.de/10008805406

Technology Shocks and Employment in Open Economies

Tervala, Juha - Institut für Weltwirtschaft (IfW) - 2007

A growing body of empirical evidence suggests that a positive technology shock leads to a temporary decline in employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price models to account for the evidence. The reasoning is as...

Persistent link: https://www.econbiz.de/10005083337