Narrow search
Showing 1 - 10 of 243
Cover Image
Flexibility vs. rigidity: Does Spain have the worst of both worlds?
Paul, Gilles Saint - Department of Economics and Business, Universitat … - 2000
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much...
Persistent link: https://www.econbiz.de/10005772057
Cover Image
Embodied technical change and the fluctuations of wages and unemployment
Reiter, Michael - Department of Economics and Business, Universitat … - 2006
in explaining the variability of unemployment and vacancies. If we incorporate long-term wage contracts into the model …
Persistent link: https://www.econbiz.de/10005772185
Cover Image
Unemployment in an estimated new Keynesian model
Galí, Jordi; Smets, Frank; Wouters, Rafael - Department of Economics and Business, Universitat … - 2011
We reformulate the Smets-Wouters (2007) framework by embedding the theory of unemployment proposed in Galí (2011a …,b). We estimate the resulting model using postwar U.S. data, while treating the unemployment rate as an additional observable … output gap. In addition, the estimated model can be used to analyze the sources of unemployment fluctuations. …
Persistent link: https://www.econbiz.de/10008926996
Cover Image
How important is the intensive margin of labor adjustment?
Rens, Thijs van - Department of Economics and Business, Universitat … - 2011
Using new quarterly data for hours worked in OECD countries, Ohanian and Raffo (2011) argue that in many OECD countries, particularly in Europe, hours per worker are quantitatively important as an intensive margin of labor adjustment, possibly because labor market frictions are higher than in...
Persistent link: https://www.econbiz.de/10009321252
Cover Image
Labor market heterogeneity and the aggregate matching function
Barnichon, Régis; Figura, Andrew - Department of Economics and Business, Universitat … - 2010
The matching function -a key building block in models of labor market frictions- implies that the job finding rate depends only on labor market tightness. We estimate such a matching function and find that the relation, although remarkably stable over 1967-2007, broke down spectacularly after...
Persistent link: https://www.econbiz.de/10010704421
Cover Image
Incomplete Markets and the Output-Inflation Tradeoff
Challe, Edouard; Algan, Yann; Ragot, Xavier - Université Paris-Dauphine (Paris IX) - 2011
-markets environment that generates persistent wealth inequalities amongst agents. In this framework, current inflation redistribute wealth … inflation expectations and thus deter the employed from saving and supplying labour. We relate the strength of these two … inflation taxes to the underlying parameters of the model and study how they compete in determining the overall sign and slope …
Persistent link: https://www.econbiz.de/10010709017
Cover Image
Vietnam labour market and informal economy in a time of crisis and recovery 2007-2009 : main findings of the Labour Force Surveys (LFS)
Hữu Chí, Nguyen; Thị Thu Huyền, Nguyen; Roubaud, … - Université Paris-Dauphine (Paris IX) - 2010
In 2007 the General Statistics Office (GSO) launched a joint research program with the French Institute of Research for Development (IRD) to measure and analyzes the informal sector in Vietnam. Two kinds of surveys were conducted in 2007: a national Labour Force Survey (LFS) which, in a first...
Persistent link: https://www.econbiz.de/10011073521
Cover Image
Incomplete Markets and the Output-Inflation Tradeoff
Ragot, Xavier; Challe, Edouard; Algan, Yann - Université Paris-Dauphine (Paris IX) - 2008
output-inflation tradeoff equation, whereby inflation shocks raise current output. The limiting impact of mean inflation and …
Persistent link: https://www.econbiz.de/10011073778
Cover Image
How deep was the impact of the economic crisis in Vietnam ? A focus on the informal sector in Hanoi and Ho Chi Minh City
Cling, Jean-Pierre; Hữu Chí, Nguyen; Razafindrakoto, … - Université Paris-Dauphine (Paris IX) - 2010
Vietnam is one of the only South East Asian emerging economies not to have gone into recession in 2009 in the wake of the world crisis. Nonetheless, it has been affected deeply by the crisis, as shown by all macro-economic indicators. The yearly growth rate of Gross Domestic Product (GDP) has...
Persistent link: https://www.econbiz.de/10011074410
Cover Image
Skill-biased technological change and the business cycle
Balleer, Almut; Rens, Thijs van - Department of Economics and Business, Universitat … - 2008
Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run restrictions....
Persistent link: https://www.econbiz.de/10004969342