Showing 1 - 10 of 173
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10005097817
-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …
Persistent link: https://www.econbiz.de/10005098021
Isolated effects of labor and product market institutions as well as the interaction between both aforementioned … categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … individual labor market institutions have been widely neglected, mainly due to the infeasibility to correctly specify the model …
Persistent link: https://www.econbiz.de/10009323188
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The simulations …
Persistent link: https://www.econbiz.de/10004985118
Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …
Persistent link: https://www.econbiz.de/10008646453
This paper analyzes the role of labor market institutions for youth unemployment, as contrasted to total unemployment …. The empirical results are basically consistent with an insider view of labor market institutions. Labor market … institutions tend to protect (older) employees but might harm (young) entrants. Remarkable is especially the significant and very …
Persistent link: https://www.econbiz.de/10010957666
simulated to evaluate the impact of various types of shocks. The model reproduces quite well the unemployment rate changes and …
Persistent link: https://www.econbiz.de/10004985215
relationship. The model reproduces quite well the producivity slowdown puzzle, the unemployment rate evolutions and the relative …
Persistent link: https://www.econbiz.de/10004985234
types of workers and with search unemployment. The model is calibrated and simulated to examine the interactions between the … observed unemployment changes. …
Persistent link: https://www.econbiz.de/10004985327
facts observed in many EU countries since the mid-seventies: (i) the increase in the overall unemployment rate; (ii) the … difference between high-skilled and low-skilled unemployment; (iii) the stability of relative wages. This paper focuses on these … well the unemployment rate changes and the relative wage stability observed over the past two decades …
Persistent link: https://www.econbiz.de/10004985430