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Flexibility vs. Rigidity: Does Spain have the worst of both Worlds?

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2000

In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much...

Persistent link: https://www.econbiz.de/10005703292

Wage Posting or Wage Bargaining? Evidence from the Employers' Side

Brenzel, Hanna; Gartner, Hermann; Schnabel, Claus - Institute for the Study of Labor (IZA) - 2013

bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German …

Persistent link: https://www.econbiz.de/10010959640

A test between unemployment theories using matching data

Coles, Melvyn; Petrongolo, Barbara - London School of Economics (LSE) - 2003

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …

Persistent link: https://www.econbiz.de/10010928750

Resurrecting the participation margin

Ebell, Monique - London School of Economics (LSE) - 2008

This paper considers a real business cycle model with search frictions in the labor market and labor supply which is …

Persistent link: https://www.econbiz.de/10010745347

The Impact of Product Market Competition on Employment and Wages

Amable, Bruno; Gatti, Donatella - Institute for the Study of Labor (IZA) - 2001

Standard economic wisdom generally stresses the benefits of increased competition on the product market. This paper proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment, where wages are determined according to an efficiency...

Persistent link: https://www.econbiz.de/10005700853

Short job tenures and firing taxes in the search theory of unemployment

Gkionakis, Vasileios - London School of Economics (LSE) - 2004

contract - policies are implemented in an otherwise exogenous job separation search model. It is shown that contrary to …

Persistent link: https://www.econbiz.de/10010745906

What Explains the German Labor Market Miracle in the Great Recession?

Burda, Michael C.; Hunt, Jennifer - Institute for the Study of Labor (IZA) - 2011

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to 40...

Persistent link: https://www.econbiz.de/10009144850

Individuals' Unemployment Experiences: Heterogeneity and Business Cycle Effects

Kalwij, Adriaan S. - Institute for the Study of Labor (IZA) - 2001

This study examines individuals’ unemployment experiences from the age of 18 up to the age of 35 using a large panel of administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus is on the extent to which individuals’...

Persistent link: https://www.econbiz.de/10005763923

Individuals' Unemployment Durations over the Business Cycle

Kalwij, Adriaan S. - Institute for the Study of Labor (IZA) - 2001

Using a large panel of administrative records this study confirms the predictions of the ranking model of Blanchard and Diamond (1994) that an individual’s probability of leaving unemployment decreases with unemployment duration and increases with economic growth. However, the ranking model of...

Persistent link: https://www.econbiz.de/10005703013

Characteristics of Unemployment Dynamics: The Chain Reaction Approach

Karanassou, Marika; Snower, Dennis - Institute for the Study of Labor (IZA) - 2000

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as ‘ ‘ chain reactions’’ of responses to labor market shocks, working their way through systems of interacting lagged adjustment processes. In the...

Persistent link: https://www.econbiz.de/10005703122