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New Trade Theory Takes Over Monetary Theory

Gani, M - EconWPA - 2004

Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...

Persistent link: https://www.econbiz.de/10005408069

Labor Force Status Dynamics in the German Labor Market: Individual Heterogeneity and Cyclical Sensitivity

Kluve, Jochen; Schaffner, Sandra; Schmidt, Christoph M. - Institut für Wirtschafts- und Sozialstatistik, … - 2006

between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … factors to translate unobserved shocks to the labor market into observed cellspecific unemployment rates as well as bilateral …

Persistent link: https://www.econbiz.de/10009216945

Effects of Business Cycles on Labour Market Assimilation of Immigrants

Aydemir, Abdurrahman - EconWPA - 2003

This study addresses the effects of macroeconomic conditions on the labour market outcomes of immigrants. It simultaneously identifies the separate effects of macro conditions at the time of entry to the labour market and at the time of the survey, while allowing for cohort effects. Also, for...

Persistent link: https://www.econbiz.de/10005408346

Effects of Business Cycles on Labour Market Assimilation of Immigrants

Aydemir, Abdurrahman - EconWPA - 2003

Persistent link: https://www.econbiz.de/10005408360

Explaining the Deteriorating Entry Earnings of Canada’s Immigrant

Aydemir, Abdurrahman; Skuterud, Mikal - EconWPA - 2004

The study explores causes of the deterioration in entry earnings of Canadian immigrant cohorts by estimating an empirical specification that nests a number of competing explanations found in the Canadian literature. To do this, we use the pooled sample of Canadian-born and immigrant men employed...

Persistent link: https://www.econbiz.de/10005408361

Do Small and Medium-Sized Enterprises Stabilize Employment? Theoretical Considerations and Evidence from Germany

Fendel, Ralf; Frenkel, Michael - EconWPA - 1996

The hypothesis that the behavior of firms in adjusting the number of their employees along a business cycle depends on the size of the firms has often been mentioned in the literature. Several authors argue that small and medium sized enterprises are more hesitant in hiring additional employees...

Persistent link: https://www.econbiz.de/10005135008