Similar Search Results

Whodunnit? Changes in the Relative Demand for Unskilled and Skilled Labor

Schimmelpfennig, Axel - Institut für Weltwirtschaft (IfW) - 1999

relative wage of the skilled. Increasing unemployment results only for a restrictive assumption about labor market rigidities. …

Persistent link: https://www.econbiz.de/10005755135

The Macroeconomics of the Labor Market: Three Fundamental Views

Karanassou, Marika; Sala, Hector; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2007

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run ‡uctuations automatically turn into long-run changes in the unemployment rate. We assert the …

Persistent link: https://www.econbiz.de/10005755272

Interactions between Employment and Training Policies

Oskamp, Frank; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2007

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating income and employment may be interdependent for various important reasons. For example, the more employment policies stimulate the employment rate, the greater the length of time...

Persistent link: https://www.econbiz.de/10005755249

The Effect of Low-Wage Subsidies on Skills and Employment

Oskamp, Frank; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2006

We explore the far-reaching implications of low-wage subsidies on skill formation, aggregate employment and welfare. Low-wage subsidies have three important effects. First, they promote employment of low-skilled workers (who tend to be the ones who earn low wages). Second, by raising the payoff...

Persistent link: https://www.econbiz.de/10005103185

The aggregate effects of long run sectoral reallocation

Reicher, Claire - Institut für Weltwirtschaft (IfW) - 2014

The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...

Persistent link: https://www.econbiz.de/10010887017

An Incentive Theory of Matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2010

This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...

Persistent link: https://www.econbiz.de/10010955922

Incentives and Complementarities of Flexicurity

Brown, Alessio J. G.; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2009

renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

Persistent link: https://www.econbiz.de/10005079106

A tale of two countries: A comparison of the aggregate effects of sectoral reallocation in the United States and Germany

Reicher, Christopher - Institut für Weltwirtschaft (IfW) - 2011

stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … the rise in trend unemployment in Germany in the 1980s or for a possible rise in trend unemployment in the United States …

Persistent link: https://www.econbiz.de/10009216276

The aggregate effects of long run sectoral reallocation

Reicher, Christopher - Institut für Weltwirtschaft (IfW) - 2011

measure construction and technology busts) have little effect on the natural rate of unemployment or on long run productivity … of unemployment and can count for a 0.5% rise in cyclical unemployment from 2007 through the end of 2009 and 0.3% through …

Persistent link: https://www.econbiz.de/10009216281

Sticky wages in search and matching models in the short and long run

Reicher, Christopher - Institut für Weltwirtschaft (IfW) - 2011

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …

Persistent link: https://www.econbiz.de/10009216283