sector employment and wages on the labour market, particularly on private sector wages. Our empirical evidence shows that the … growth of public sector wages and of public sector employment positively affects the growth of private sector wages. Moreover …, total factor productivity, the unemployment rate, hours per worker, and inflation, are also important determinants of …

adjustment costs and indivisibility of labor in the employment stickiness of manufacturing firms with less than 75 employees …. When small firms have to adjust employment in units of at least one employee, indivisibility becomes an important source of … explains around 50% of the stickiness of employment, adjustment costs explain the other 50%. JEL Classification: E24 …

the euro area. Employment began to rise again in the first half of 2011, but declined once more at the end of that year … fall in GDP, employment adjustment has been relatively muted at the aggregate euro area level, mostly due to significant … some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed …

margin at the expense of hiring, which makes hours too volatile. The Ramsey planner uses inflation as an instrument to dampen …

worsens. Moreover, robust results across the regression scenarios show that higher employment protection and minimum wages … indicate that the increasing share of services employment in total employment is helping to reduce unemployment among young …

-time employment across many euro area countries, whilst increasing European employment rates, have contributed to the downward trend …

We live in a service economy, but the extent of development of service employment differs across developed countries …?erences in the recent expansion of service employment in OECD countries. It finds that GDP per capita, the size of the government … sector and the extent of urbanization are positively associated with the service employment share. However, the evidence …

the euro area. Employment began to rise again in the first half of 2011, but declined once more at the end of that year … fall in GDP, employment adjustment has been relatively muted at the aggregate euro area level, mostly due to significant … some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed …