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Calvo Wages in a Search Unemployment Model
Bodart, Vincent - 2007
RBC models with search unemployment and wage renegotiation generate too much wage volatility and too stable … unemployment rate. Shimer (2004) shows that it is possible to reproduce a volatility of unemployment similar to that observed in … unemployment …
Persistent link: https://www.econbiz.de/10012777980
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Dismissal Protection and Worker Flows in Small Establishments
Bauer, Thomas K.; Bonin, Holger; Bender, Stefan - 2021
Based on a large employer-employee matched data set, the paper investigates the effects of variable enforcement of German dismissal protection legislation on the employment dynamics in small establishments. Specifically, using a difference-in-differences approach, we study the effect of changes...
Persistent link: https://www.econbiz.de/10013319419
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Employer Learning and the Returns to Schooling
Bauer, Thomas K.; Haisken-DeNew, John P. - 2021
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor market experience and increase with initially...
Persistent link: https://www.econbiz.de/10013321297
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Selective Reductions in Labor Taxation : Labor Market Adjustments and Macroeconomic Performance
Batyra, Anna - 2010
We use a calibrated general equilibrium model with heterogeneous labor and search to evaluate the quantitative effects of various labor tax cut scenarios. The focus is on skill heterogeneity combined with downward wage rigidities at the low end of the skill ladder. Workers can take jobs for...
Persistent link: https://www.econbiz.de/10013141697
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Labor Market Entry Conditions, Wages and Job Mobility
Bachmann, Ronald - 2010
, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …
Persistent link: https://www.econbiz.de/10013141755
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Aging and Pensions in General Equilibrium : Labor Market Imperfections Matter
de la Croix, David - 2010
unemployment rate. Exogenous shocks (such as aging) leading to lower interest rates also imply lower equilibrium unemployment rates …
Persistent link: https://www.econbiz.de/10013136497
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Biased technological shocks, wage rigidities and low-skilled unemployment
Pierrard, Olivier; Sneessens, Henri R. - 2004
Persistent link: https://www.econbiz.de/10002849800
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Calvo wages in a search unemployment model
Bodart, Vincent; Pierrard, Olivier; Sneessens, Henri R. - 2005
Persistent link: https://www.econbiz.de/10003321913
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Demography, Capital Flows and Unemployment
Marchiori, Luca - 2011
the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search … unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10013118521
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Neighborhood Effects and Individual Unemployment
Bauer, Thomas K. - 2011
federal employment agency and data of real estate prices, we evaluate the impact of neighborhood unemployment on individual … neighborhood unemployment on the individual employment probability …
Persistent link: https://www.econbiz.de/10013119023