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Trade and Migration: A Production-Theory Approach

Kohli, Ulrich - C.E.P.R. Discussion Papers - 1997

This paper integrates the production-theory approach to import determination and the production-theory approach to …

Persistent link: https://www.econbiz.de/10005791652

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992

A model of the labour market under firing restrictions and endogenous quits is constructed. It is shown that in the spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment equilibrium coexisting with a high-quits/low-unemployment...

Persistent link: https://www.econbiz.de/10005791589

Labour and the Market Value of the Firm

Merz, Monika; Yashiv, Eran - C.E.P.R. Discussion Papers - 2004

What role does labour play in firms’ market value? We explore this question using a production-based asset …

Persistent link: https://www.econbiz.de/10005114309

The Brevity and Violence of Contractions and Expansions

McKay, Alisdair; Reis, Ricardo - C.E.P.R. Discussion Papers - 2006

Early studies of business cycles argued that contractions in economic activity were briefer (shorter) and more violent (rapid) than expansions. This paper systematically investigates this claim and in the process discovers a robust new business cycle fact: expansions and contractions in output...

Persistent link: https://www.econbiz.de/10005114328

Combining Micro and Macro Unemployment Duration Data

den Berg, Gerard J van; van der Klaauw, Bas - C.E.P.R. Discussion Papers - 2000

We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the total inflow into unemployment. We estimate the...

Persistent link: https://www.econbiz.de/10005791659

Wage Growth, Productivity Growth, and the Evolution of Employment

Hellwig, Martin F; Irmen, Andreas - C.E.P.R. Discussion Papers - 2001

-state equilibria in which productivity grows at the same rate as wages, the real interest rate is below the laissez-faire level, and so …

Persistent link: https://www.econbiz.de/10005789120

The Labour Market Impact of Immigration in Western Germany in the 1990's

D Amuri, Francesco; Ottaviano, Gianmarco; Peri, Giovanni - C.E.P.R. Discussion Papers - 2008

period 1987-2001, we find that the substantial immigration of the 1990's had no adverse effects on native wages and …

Persistent link: https://www.econbiz.de/10005792043

Structural Reforms and Growth: Product and Labor Market Deregulations

Eijffinger, Sylvester C W; Rossi, Alberto - C.E.P.R. Discussion Papers - 2006

The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...

Persistent link: https://www.econbiz.de/10005792522

EU Enlargement under Continued Mobility Restrictions: Consequences for the German Labor Market

Brenke, Karl; Yuksel, Mutlu; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2009

The numbers of migrants from the accessions countries have clearly increased since the enlargement of the EU in 2004. Following enlargement, the net inflow of EU8 immigrants has become 2.5 times larger than the four-year period before enlargement. Poles constitute the largest immigrant group...

Persistent link: https://www.econbiz.de/10004979473

Can Insider Power Affect Employment?

Diaz-Vazquez, Pilar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2002

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a … counterveiling fall in reservation wages, leaving the present value of wage costs unchanged. Our analysis contradicts this …

Persistent link: https://www.econbiz.de/10005123530

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