Showing 1 - 10 of 82
"This paper investigates the time-varying relationship between German output and employment growth, in particular their decoupling in recent years. We estimate a correlated unobserved components model that allows for both persistent and cyclical time variation in the employment impact of GDP as...
Persistent link: https://www.econbiz.de/10010891246
"From 1992 to 2005, part-time employment in Western Germany has grown by 82 percent, whereas full-time employment has shrunk by 14 percent. Behind these general figures there is substantial variation of employment schemes across industries. Beside this, the share of the service industries in...
Persistent link: https://www.econbiz.de/10005537086
setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under …
Persistent link: https://www.econbiz.de/10005537096
"We forecast unemployment for the 176 German labour-market districts on a monthly basis. Because of their small size, strong spatial interdependencies exist between these regional units. To account for these as well as for the heterogeneity in the regional development over time, we apply...
Persistent link: https://www.econbiz.de/10005537154
"It is broadly accepted that two aspects regarding the modeling strategy are essential for the accuracy of forecast: a parsimonious model focusing on the important structures, and the quality of prospective information. Here, we establish a Global VAR framework, a technique that considers a...
Persistent link: https://www.econbiz.de/10011220297
labor market matching function. In theory, higher mismatch lowers matching efficiency which increases the risk that the …
Persistent link: https://www.econbiz.de/10011207081
"This paper studies the patterns of unemployment dynamics in Germany. To provide a deeper insight into the margins of unemployment adjustment, we employ a structural VAR model and identify the effects of a technology shock as well as two policy shocks. We find that the worker reallocation...
Persistent link: https://www.econbiz.de/10010791530
"Between 1979 and 2009, the German labour market moved along a Beveridge curve with changing slope that usually shifted outwards but once inwards. We employ an unobserved components model to simultaneously disentangle permanent and transitory components of matching efficiency and separation rate...
Persistent link: https://www.econbiz.de/10010791531
"Unions are often stigmatized as being a source of inefficiency due to higher collective bargaining outcomes. This is in stark contrast with the descriptive evidence presented in this paper. Larger firms choose to export and are also more likely to adopt collective bargaining. We rationalize...
Persistent link: https://www.econbiz.de/10010938547
"Using a representative establishment dataset, this paper is the first to analyze the incidence of wage posting and wage bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German labor market, with about two-thirds of hirings...
Persistent link: https://www.econbiz.de/10010795475