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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011455340
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - First version: April 2015. This version: February 2016
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - This Version: February 2016
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011447126
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2022
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative aggregate shocks move the hiring cutoff into a part...
Persistent link: https://www.econbiz.de/10013185150
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Extensive vs. intensive margin in Germany and the United States: any differences?
Merkl, Christian; Wesselbaum, Dennis - 2009
This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older U.S. studies and confirm the view that the extensive margin (i.e., the adjustment in the number...
Persistent link: https://www.econbiz.de/10010277957
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Extensive vs. intensive margin in Germany and the United States : any differences?
Merkl, Christian; Wesselbaum, Dennis - 2010
This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older US studies and confirm the view that the extensive margin (i.e., the adjustment in the number...
Persistent link: https://www.econbiz.de/10008806578
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Extensive vs. Intensive Margin in Germany and the United States : Any Differences?
Merkl, Christian - 2010
This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older U.S. studies and confirm the view that the extensive margin (i.e., the adjustment in the number...
Persistent link: https://www.econbiz.de/10013139060
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Escaping the unemployment trap : the case of East Germany
Merkl, Christian (contributor);  … - 2008
This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have …
Persistent link: https://www.econbiz.de/10003758672
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Escaping the Unemployment Trap : The Case of East Germany
Merkl, Christian; Snower, Dennis J. - 2021
This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have …
Persistent link: https://www.econbiz.de/10013324988
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Hartz IV and the Decline of German Unemployment : A Macroeconomic Evaluation
Hochmuth, Brigitte - 2019
reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the … the existing disagreement in the macroeconomic literature on the unemployment effects of Hartz IV. We find that Hartz IV … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …
Persistent link: https://www.econbiz.de/10012870220