Showing 1 - 10 of 34
establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow … cyclicalities of all establishments to the one of the most procyclical establishments, labor market volatilities drop by more than …
Persistent link: https://www.econbiz.de/10011735900
reducing unemployment leads to industrialised countries offering financial support to unemployed job seekers when searching for …
Persistent link: https://www.econbiz.de/10011764641
standard model is enhanced by real wage rigidities or labor turnover costs, an endogenous short-run inflation-output tradeoff … arises. This paper compares the implications of the two labor market rigidities. It argues that economists and policymakers … alike should pay more attention to labor turnover costs for the following reasons. First, a model with labor turnover costs …
Persistent link: https://www.econbiz.de/10010277953
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …
Persistent link: https://www.econbiz.de/10010277963
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …
Persistent link: https://www.econbiz.de/10003961662
In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates … active labor market policy offers a subsidy covering moving costs to incentivize unemployed job seekers to search/accept jobs … subsidy on participants' prospective labor market outcomes. We use an instrumental variable approach to take endogenous …
Persistent link: https://www.econbiz.de/10011295550
reducing unemployment leads to industrialised countries offering financial support to unemployed job seekers when searching for …
Persistent link: https://www.econbiz.de/10012942074
In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates … active labor market policy offers a subsidy covering moving costs to incentivize unemployed job seekers to search/accept jobs … subsidy on participants' prospective labor market outcomes. We use an instrumental variable approach to take endogenous …
Persistent link: https://www.econbiz.de/10013016304
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …
Persistent link: https://www.econbiz.de/10013143682
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility … of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job … vacancies) divided by the volatility of labor productivity is roughly twice as large as in the United States. We derive and …
Persistent link: https://www.econbiz.de/10010277952